Review on the Ted Talk- The best stats you've ever seen by Hans Rosling.

1. REVIEW ON THE TED TALK-
THE BEST STATS YOU’VE
EVER SEEN
BY- HANS ROSLING

2. In Hans Rosling’s hands, data sings.
Global trends in health and economics come
to vivid life.
And the big picture of global development—
with some surprisingly good news—snaps into
sharp focus.

3. INFORMATIVE DATA
INSIGHTS REGARDING
GLOBAL HEALTH AND
ECONOMIC ISSUES-

4. Data of what's happening in the world and
the child health of every country

5. Every bubble here is a country.
The biggest bubble is that of China, and the
second biggest is of India.
The size of the bubble is the population, and on
the axis here, is the fertility rate: number of
children per woman: one, two, three, four, up to
about eight children per woman.
We have very good data since 1962 -- 1960 about
-- on the size of families in all countries.

6. And 1962, there was really a group of countries here that
was industrialized countries, and they had small families
and long lives. And these were the developing
countries: they had large families and they had relatively
short lives. Now, what has happened since 1962? We
want to see the change.
It's China there, moving against better health there,
improving there. All the Latin American countries are
moving towards smaller families. Your yellow ones here
are the Arabic countries, and they get longer life, but not
larger families. The Africans are the green here. This is
India; Indonesia is moving on pretty fast.

7. LESSON:
If we don’t consider and
conclude insights from the
data, we underestimate the
tremendous change in the
world !

9. World distribution of income of people

10. One dollar, 10 dollars or 100 dollars per day. There's no gap
between rich and poor any longer. This is a myth.
This is 100 percent the world's annual income. And the
richest 20 percent, they take out of that about 74
percent. And the poorest 20 percent, they take about two
percent. And this shows that the concept of developing
countries is extremely doubtful. We think about aid, like
these people here giving aid to these people here. But in
the middle, we have most of the world population, and
they have now 24 percent of the income.

13. HEALTH>WEALTH

14. MANAGERIAL ASPECT
Communication of data ( accurate and updated) is
the key to the success path for any organization.
This should be kept in mind by the manager.
We saw how tremendously the world changes and
hence best statistical methods need to be adopted
for accurate information about a field/area for
better decision making.

15. The manager would require accurate
information about an area for the sales and
marketing aspect of his business.

16. BY- TANAY KARNIK