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Statistics are used behind all the medical study. Statistic help doctors keep track of where the baby should be in his/her mental development. Physician's also use statistics to examine the effectiveness of treatments. Statistics are very important for observation, analysis and mathematical prediction models.
Statistics are used behind all the medical study. Statistic help doctors keep track of where the baby should be in his/her mental development. Physician's also use statistics to examine the effectiveness of treatments. Statistics are very important for observation, analysis and mathematical prediction models.
Statistical studies are extremely important in our everyday life. Statistics are the method of conducting a study about a particular topic by collecting, organizing, interpreting, and finally presenting data. Some major areas relying on statistics include government, education, science, and large companies.
In Cosmology, probability can be used for asteroid impacts, like an asteroid of size > 200 meters, has a 1 in 2 million chance to hit the earth. Probability can also be applied to a Company's production state, its financial growth and much more. Here Statistics help in determining the probability.
Functions or Uses of Statistics. (1) Statistics helps in providing a better understanding and exact description of a phenomenon of nature. (2) Statistics helps in the proper and efficient planning of a statistical inquiry in any field of study. (3) Statistics helps in collecting appropriate quantitative data.
Social Sciences and Natural Science In social sciences, especially sociology, statistics are used in the field of demography for studying mortality, fertility, marriage, population, and growth. Also, in psychology and education, the intelligence quotient (IQ) is determined using statistics.
Business statistics is a specialty area of statistics which are applied in the business setting. It can be used for quality assurance, financial analysis, production and operations, and many other business areas. Just as in general statistics, there are two categories: descriptive and inferential.
Statistical analysis involves the process of gathering and evaluating data and then summarizing the data into a mathematical form. Statistics is used in various disciplines such as psychology, business, physical and social sciences, humanities, government, and manufacturing.
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