This assignment solution delves into the realm of data analytics and business intelligence, focusing on the application of statistical methods. It begins by defining statistics and differentiating between descriptive and inferential statistics, along with key concepts like population, sample, and variables. The assignment then explores frequency tables and distributions, illustrating their use with examples like Apple product data. The solution moves on to numerical descriptions of quantitative variables, including measures of location (mean, median, mode) and dispersion (range, variance, standard deviation), using BP share prices as a case study. Data displaying and exploration through tables and graphs are also discussed. The concept of probability, including classical approaches, mutual exclusivity, and the Law of Large Numbers, is explained. Finally, a case study on Apple integrates these concepts, demonstrating how descriptive and inferential statistics, frequency analysis, and probability are applied to analyze sales data, share prices, and consumer behavior.