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
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
Agriculture uses statistics, statistics does not use agriculture.
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easier for calculate profit
Statistics uses mathematics, which itself is the science of relationships between numbers. This would be my best layperson's answer. Good luck!
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
uses of statistics in information technology
discuss the different day to day uses of statistics
descriptive statistics
Agriculture uses statistics, statistics does not use agriculture.
importance of basic statistics
descriptive statistics
Statistics is included in the analyses. Examples may appear in a general discussion.
Differential statistics are statistics that use calculus. Normally statistics would use algebra but differential statistics uses calculus instead of algebra.
Examples of descriptive statistics are mean, median, mode, and midrange.
5 examples of 4 levels of measurement in statistics
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