statistical assessment

Statistical assessment involves analyzing data to understand patterns, relationships, or differences within it. It helps determine whether observed results are meaningful or could have occurred by chance. Essentially, it provides a way to draw informed conclusions from data, using methods like calculating averages, testing hypotheses, and measuring uncertainty. This process enables decision-makers to make evidence-based choices, assess risks, and validate findings across various fields such as healthcare, business, or social sciences. In summary, statistical assessment transforms raw data into understandable insights that support informed reasoning and outcomes.