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Statistics is the study and use of Basic Mathematical theory and Probablity to solve real life uncertainities.As such, the profession has broad usage.These include and are not limited to: 1.Life uncertainities (Pension matters,determintation of survival factors and mortality rates to obtain optimum insurance premiums etc).A branch osf statistics called ACTURIAL MATHEMATICS deals with these 2.Financial uncertainities-Risk analysis,Stock Market predictions,etc 3.Health matters-clinical trials of new medicines, 4.Monitoring and evaluation techqniques for non profit organisations 5.Marketing research and planning
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What are some uses of statistics in your life?
statistics is used in all aspect of life. so which ever one human finds himself it is alwayz beter to give it a name examples are agricultural statistics, insurance statistics, actuarial statistics,educational statistics,financial statistics etc
What is relationship between agriculture and statistics?
Agriculture uses statistics, statistics does not use agriculture.
Uses of statistics in education?
go to school and ull find out
What is uses of statistics in business organization?
easier for calculate profit
Why is statistics considered a science?
Statistics uses mathematics, which itself is the science of relationships between numbers. This would be my best layperson's answer. Good luck!
What are some uses of statistics in your life?
statistics is used in all aspect of life. so which ever one human finds himself it is alwayz beter to give it a name examples are agricultural statistics, insurance statistics, actuarial statistics,educational statistics,financial statistics etc
What are the uses of statistics in information technology in Pakistan?
uses of statistics in information technology
Different uses of statistics?
discuss the different day to day uses of statistics
What are five uses of statistics?
descriptive statistics
What are basic uses and importance of statistics?
importance of basic statistics
What is relationship between agriculture and statistics?
Agriculture uses statistics, statistics does not use agriculture.
The mean median and mode are examples of what type of statistics?
descriptive statistics
What element of the research process include statistics and examples?
Statistics is included in the analyses. Examples may appear in a general discussion.
What is differential statistics?
Differential statistics are statistics that use calculus. Normally statistics would use algebra but differential statistics uses calculus instead of algebra.
What is an example of descriptive statistics?
Examples of descriptive statistics are mean, median, mode, and midrange.
What are the 4 levels of measurement in statistics?
5 examples of 4 levels of measurement in statistics
What are examples of vital statistics?
birth certificate
