Statistics is the collection, organization, analysis, and presentation of data. It has become important for professionals, scientists, and citizens to make sense of large amounts of data. Statistics are used across many disciplines from science to business. There are two main types of statistical methods - descriptive statistics which summarize data through measures like the mean and median, and inferential statistics which make inferences about populations based on samples. Descriptive statistics describe data through measures of central tendency and variability, while inferential statistics allow inferences to be made from samples to populations through techniques like hypothesis testing.