. How is statistics related to different subjects? Explain with the help of appropriate real-life examples.
Answers
Answer:
Statistics is related to all different types of field including medicine, architecture, planning, etc. It helps in the collection of data and its representation.
There are some of the examples to explain the role of statistic in real life.
1) Medical Study
Statistics are used behind all the medical study. Statistic help doctors keep track of where the baby should be in his/her mental development. Physician’s also use statistics to examine the effectiveness of treatments.
2) Weather Forecasts
Statistics are very important for observation, analysis and mathematical prediction models. Weather forecast models are built using statistics that compare prior weather conditions with current weather to forecast future weather conditions.
3) Quality Testing
A company makes thousands of products every day and make sure that they sold the best quality items. For a company it is not possible to test each product. So the company uses quality test with the help of statistics.
4) Stock Market
The stock market also uses statistical computer models for stock analysis. Stock analysts get the information about economy using statistics concepts.