Couldn't find the full form or full meaning of LIF? Maybe you were looking for one of these abbreviations: LIES - LIET - LIETU - LIEU - LIEUT - LIFA - LIFC - LIFE - LIFEGUARD - LIFERS
Few economic data are as closely watched as measures of employment and unemployment. The Bureau of Labor Statistics (BLS) provides a broad range of statistics covering jobs and joblessness.
Lesson Summary. In summary, statistics is categorized into two branches-descriptive and inferential. Descriptive statistics uses the data to provide descriptions of the population, either through numerical calculations or graphs or tables. Inferential statistics makes inferences and predictions about a population based on a sample of data taken from the population in question. To unlock this lesson you must be a Study.com Member.