Economy, asked by abhinavverma029, 10 months ago

define applied statistics ​

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Answered by kartikshimar195
0

The term applied statistics is used both to denote the work of professional statisticians, who are responsible for the production and presentation of statistics, and to refer to the processes of statistical interpretation that are undertaken by professional statisticians, by professional users of statistics and by the general public. It makes frequent use of statistics theory but it is distinct from the mathematics of that theory. It has made major contributions to scientific research and to the conduct of operational activities in a variety of fields. It has provided both a familiar source of information and a notorious source of misinformation. Misinterpretations of statistics by members of the medical and legal professions have led to false diagnoses and wrongful imprisonment, and ill-founded risk assessments were among the causes of the financial crash of 2008 .

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Answered by prati14
0

The term applied statistics is used both to denote the work of professional statisticians, who are responsible for the production and presentation of statistics, and to refer to the processes of statistical interpretation that are undertaken by professional statisticians, by professional users of statistics and by the general public. It makes frequent use of statistics theory but it is distinct from the mathematics of that theory. It has made major contributions to scientific research and to the conduct of operational activities in a variety of fields. It has provided both a familiar source of information and a notorious source of misinformation. Misinterpretations of statistics by members of the medical and legal professions have led to false diagnoses and wrongful imprisonment, and ill-founded risk assessments were among the causes of the financial crash of 2008 .

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