Explain any 2 applications of statistics.
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#Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.
#Astrostatistics is the discipline that applies statistical analysis to the understanding of astronomical data.
#Biostatistics is a branch of biology that studies biological phenomena and observations by means of statistical analysis, and includes medical statistics.
#Business analytics is a rapidly developing business process that applies statistical methods to data sets (often very large) to develop new insights and understanding of business performance & opportunities
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