Real Life problems we can solve usingStatistics.pptx

Statistics

1. Real-life problems that can be solved by statistics

2. Statistics is a branch of Applied Mathematics specializing in procedures for collecting, organizing, presenting, analyzing, and interpreting data from observations.

3. USES OF STATISTICS In Education, it is frequently used to describe test results. In Science, the data resulting from experiments must be collected and analyzed. Manufacturers can provide better products at reasonable costs through the use of statistical quality control techniques.

4. USES OF STATISTICS In government, many kinds of statistical data are collected all the time. A knowledge of statistics can help you become more critical in your analysis of information; hence, you will not be misled by manufactured polls, graphs, and averages.

5. A statistical question is one that can be answered by collecting data and where the answer can vary.

6. Types of data: Numerical data set are those in numerical form which are either continuous or discrete. Discrete data are those that can be counted in a finitely while continuous data are measurements that can take any value from an infinite range.

7. Types of data: Categorical data take nonnumerical values, such as colors, information or questions that are answerable by YES or NO, labels, etc.

8. IMPORTANCE OF STATISTICS The study of statistics is important because society frequently organizes and expresses data numerically. Statistics shapes our lives and influences our decisions. Statistics is often used by media experts to inform or mislead consumers.

9. IMPORTANCE OF STATISTICS It is important to process statistical information effectively to function as knowledgeable citizens in society. Problems and questions that can be solved using statistics should be clear, specific, realistic, manageable to conduct data collection and allows statistical analysis.