Importance of Statistics
in Different Fields
Statistic plays a vital role in every
field of human activity. It is applied
extensively in almost every field like,
Industry, Commerce, Trade, Physics,
Chemistry, Economics, Biology,
Botany, and Psychology.
Statistics is a branch of Applied
Mathematics. The large number of
statistical methods like average,
dispersions, estimation, etc. is used
in mathematics. Different techniques
of pure mathematics like integration,
differentiation, and algebra are used
in statistics.
Economics
Business
Banking
Accounting
Management and Administration
Collection of Data
The collection of data
considers the nature of the
problem, the type of data
collection, the number of
respondents, time and cost.
Interview method
Questionnaire method
Registration method
Observation method
Experimental method
Stages / Types of Statistics
1.) Descriptive Statistics
2.) Inferential Statistics
Descriptive Statistics
It is the stage of statistics that describes and investigates a given group
without drawing any conclusions or inferences about a larger group.
Below are sample questions that may be answered using descriptive
statistics.
How many students are studying in your school?
How many of them are males?
How many of them are females?
What are their ages?
Inferential Statistics
It is an area of statistics that deals with the statistical method concerned
with the investigation of a small group leading to the prediction,
inferences, interpretation, or conclusion about the entire group.
How many students are studying in your school?
How many of them are males?
How many of them are females?
What are their ages?
Title and Content Layout with List
▪ Add your first bullet point here
▪ Add your second bullet point here
▪ Add your third bullet point here
Title and Content Layout with Chart
Category 1 Category 2 Category 3 Category 4
0
1
2
3
4
5
6
Chart Title
Series 1 Series 2 Series 3
Two Content Layout with Table
▪ First bullet point here
▪ Second bullet point here
▪ Third bullet point here
Class Group A Group B
Class 1 82 95
Class 2 76 88
Class 3 84 90
Two Content Layout with SmartArt
Group A
• Task 1
• Task 2
Group B
• Task 1
• Task 2
Group C
• Task 1
▪ First bullet point here
▪ Second bullet point here
▪ Third bullet point here
Add a Slide Title - 1
Add a Slide Title - 2
Add a Slide Title - 3
Add a Slide Title - 4
Add a Slide Title - 5
Click icon to add picture

Importance of Statistics in Different Fields.pptx

  • 1.
  • 2.
    Statistic plays avital role in every field of human activity. It is applied extensively in almost every field like, Industry, Commerce, Trade, Physics, Chemistry, Economics, Biology, Botany, and Psychology.
  • 3.
    Statistics is abranch of Applied Mathematics. The large number of statistical methods like average, dispersions, estimation, etc. is used in mathematics. Different techniques of pure mathematics like integration, differentiation, and algebra are used in statistics.
  • 4.
  • 5.
    Collection of Data Thecollection of data considers the nature of the problem, the type of data collection, the number of respondents, time and cost.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
    Stages / Typesof Statistics 1.) Descriptive Statistics 2.) Inferential Statistics
  • 12.
    Descriptive Statistics It isthe stage of statistics that describes and investigates a given group without drawing any conclusions or inferences about a larger group. Below are sample questions that may be answered using descriptive statistics. How many students are studying in your school? How many of them are males? How many of them are females? What are their ages?
  • 13.
    Inferential Statistics It isan area of statistics that deals with the statistical method concerned with the investigation of a small group leading to the prediction, inferences, interpretation, or conclusion about the entire group. How many students are studying in your school? How many of them are males? How many of them are females? What are their ages?
  • 14.
    Title and ContentLayout with List ▪ Add your first bullet point here ▪ Add your second bullet point here ▪ Add your third bullet point here
  • 15.
    Title and ContentLayout with Chart Category 1 Category 2 Category 3 Category 4 0 1 2 3 4 5 6 Chart Title Series 1 Series 2 Series 3
  • 16.
    Two Content Layoutwith Table ▪ First bullet point here ▪ Second bullet point here ▪ Third bullet point here Class Group A Group B Class 1 82 95 Class 2 76 88 Class 3 84 90
  • 17.
    Two Content Layoutwith SmartArt Group A • Task 1 • Task 2 Group B • Task 1 • Task 2 Group C • Task 1 ▪ First bullet point here ▪ Second bullet point here ▪ Third bullet point here
  • 18.
    Add a SlideTitle - 1
  • 19.
    Add a SlideTitle - 2
  • 20.
    Add a SlideTitle - 3
  • 22.
    Add a SlideTitle - 4
  • 23.
    Add a SlideTitle - 5 Click icon to add picture