4. INTRODUCTION
What Is Statistic?
Designing experiments and
other data collection,
Summarizing information to
aid understanding,
Drawing conclusions from
data, and
Estimating the present or
predicting the future.
5. History of Statistic
The History of statistics can be said to
start around 1749 although.
The modern field of statistics only
emerged in the late 19th and early 20th
century in three stages.
6. USE OF STATISTICS IN REAL
LIFE
INDUSTRIES AND BUSINESS
Performance Measurement
The late management guru Peter Drucker once said that what gets measured in
business is what gets done. With this in mind, many business leaders rely on key
performance indicators, or KPIs, to measure how well their companies operate.
Performance Boost
Statistics not only help measure business performance, but can also provide a
means for boosting it. Some firms even use data and statistics to experiment with
ways to improve management decisions, final reported.
Customer Data
Effective collection and mining of statistical data can yield valuable insight for
companies about the likes, dislikes and buying habits of their customers.
Other Uses
Companies in many industrial sectors rely on statistics for other purposes, too.
Some firms use data from sensors embedded in their products to offer such services
as proactive maintenance, according to McKinsey.
7.
8. AGRICULTURE
What amount of crops are grown this year in comparison to
previous year or in comparison to required amount of crop
for the country.Creating gdp form.
Quality and size of grains grown due to use of different
fertilizer.
9. FORESTRY
How much growth has been occurred in area under
forest or how much forest has been depleted in last 5
years?
How much different species of flora and fauna have
increased or decreased in last 5 years?
EDUCATION
Money spend on girls education in comparison to
boys education?
Increase in no. of girl students who seated in who
Seated for different exams?
Comparison for result for last 10 years.
10. ECOLOGICAL STUDIES
Comparison of increasing impact of pollution on
global warming?
Increasing effect of nuclear reactors on
environment?
MEDICAL STUDIES
No. of new diseases grown in last 10
year.
Increase in no. of patients for a
particular disease.
SPORTS
Used to compare run rates of to different
teams.
Used to compare to different players.
11. Use statistics in computer science
Data mining
Data mining is performed with the help of statistics by using functions to
find irregularities or inconsistencies within data.
Data compression
Computer programs like Win Zip are able to reduce the size of
electronic files by applying data compression techniques from computer
science. Data compression uses statistical algorithms to compress data.
Networking
Statistics are also used in network traffic modeling, whereby available
bandwidth is exploited to be usable while the use of statistical programs
avoids network congestion.
Other
Statistic uses in computer science include quality management,
software engineering, storage and retrieval processes and software and
hardware engineering and manufacturing. Algorithms have become
necessary in many facets of computer programming and data mining.
12. Statistics also back programs such as Google Translate, which uses data
to perform on-line translations and work as a search Engine. Statistics are
used in both of these instances by using the spoken or typed word and
changing it into a sequence of numbers that matches it with known
dictionaries.
13. Discussion and Conclusion
The term is studied in less in the syllabus of mathematics, but
when come real life application understanding of statistic is very
important. In all areas of life we come with use of word statistic.
The Statistic is studied on average term not on individual basis. It
is being useful for analysis of an performance, financial investment,
manufacturing and production unit in an organization and even the
individual growth of development in day to day life can be analyzed
using statics.
