Statistics is the mathematical science pertaining to the collection, analysis, interpretation, and presentation of data. It is used across many fields to analyze past data and make predictions. Some key terms in statistics include the mean, which is the average value found by dividing the sum of all data points by the total number of data points. The mode is the data point that occurs most frequently. The median divides the data into two equal parts and represents the middle value. Statistics helps us make comparisons and informed decisions in areas like business, agriculture, education, medicine, sports, and more.