Respuesta :
Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data.
There are basically two types of statistics which are;
Descriptive Statistics
Inferential Statistics.
It is good to note that collection of data can be done through different sources, therefore organized or arranged properly so it can be analysed. The results of the analysis are interpreted by experts and conclusions are drawn out for human usage and other activities.
Role of Statistics in real life include;
1. 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 treatment.
2. Weather forecast: Weather forecast models are built using statistics that compare prior weather conditions with current weather to forecast future weather conditions.
3. Quality testing: A company makes thousands of products every day and make sure that they sold the best quality items. For a company it is not possible to test each product. So the company uses quality test with the help of statistics.
4. Capital and Stock Markets: The capital and stock markets also uses statistical computer models for stock analysis. Stock analysts get the information about economy using statistics concepts.
5. Consumer goods: Retailers keeps track of everything they sell and to know the stock using statistics. Worldwide leading retailers use statistics to calculate what products ship to each store and when.
6. Engineering: Engineers and site constructors also make use of statistical model to construct good bridges and renovate old buildings.
In conclusion;
Statistics are an important part of our lives.
