Statistics is the type of math that synthesizes and interprets large sets of numerical data used to describe characteristics of a population. Statistics involves collecting, analyzing, and interpreting data to make informed decisions and predictions. It is used in a variety of fields, including business, science, and social sciences. Statistics can be broken down into two main categories: descriptive statistics and inferential statistics. Descriptive statistics involves summarizing and describing data, while inferential statistics involves making predictions and drawing conclusions about a population based on a sample of data.