Question

Applications of statistics in our everyday life

Answer 1

1. Weather Forecasts
Do you watch the weather forecast sometime during the day? How do you use that information? Have you ever heard the forecaster talk about weather models? These computer models are built using statistics that compare prior weather conditions with current weather to predict future weather.
2. Emergency Preparedness
What happens if the forecast indicates that a hurricane is imminent or that tornadoes are likely to occur? Emergency management agencies move into high gear to be ready to rescue people. Emergency teams rely on statistics to tell them when danger may occur.
3. Predicting Disease
Lots of times on the news reports, statistics about a disease are reported.But when statistics become involved, you have a better idea of how that disease may affect you. The statistic should tell you that almost all lung cancers are related to smoking and that if you want to have a good chance of avoiding lung cancer, you shouldn't smoke.

4. Medical Studies
Scientists must show a statistically valid rate of effectiveness before any drug can be prescribed. Statistics are behind every medical study you hear about.


5. Genetics
Many people are afflicted with diseases that come from their genetic make-up and these diseases can potentially be passed on to their children. Statistics are critical in determining the chances of a new baby being affected by the disease.

6. Political Campaigns
Whenever there's an election, the news organizations consult their models when they try to predict who the winner is. Candidates consult voter polls to determine where and how they campaign. Statistics play a part in who your elected government officials will be

7. Insurance
You know that in order to drive your car you are required by law to have car insurance. If you have a mortgage on your house, you must have it insured as well. The rate that an insurance company charges you is based upon statistics from all drivers or homeowners in your area.

8. Consumer Goods
Wal-Mart, a worldwide leading retailer, keeps track of everything they sell and use statistics to calculate what to ship to each store and when. From analyzing their vast store of information.

9. Quality Testing
Companies make thousands of products every day and each company must make sure that a good quality item is sold.