What is the application of statistics in real life?

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.

Besides, why we use statistics in our daily life?

Statistics are set of equations that can help us solve problems. It help shape our life and solve day-to-day problems without even knowing it. Statistics help us understand our present, future and past. Statistics is part of every field of life, consciously or unconsciously we apply it to our life.

Also Know, what is the application of statistics in information technology?

Statistics is used for data mining, speech recognition, vision and image analysis, data compression, artificial intelligence, and network and traffic modeling. A statistical background is essential for understanding algorithms and statistical properties that form the backbone of computer science.

How do statistics help us?

Statistics represent a common method of presenting information helping us to understand what the data are telling us. Descriptive (or summary) statistics summarise the raw data and allow data users to interpret a dataset more easily. Descriptive statistics can describe the shape, centre and spread of a dataset..

What is statistics and its importance?

The Importance of Statistics. Statistical knowledge helps you use the proper methods to collect the data, employ the correct analyses, and effectively present the results. Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions.