What are the application of statistics?

What are the application of statistics?

Statistics help in providing data as well as tools to analyze the data. Some powerful techniques are index numbers, time series analysis, and also forecasting. These are immensely useful in the analysis of data in economic planning. Further, statistical techniques help in framing planning models too.

What is the role of statistics in science?

Statistics are used to describe the variability inherent in data in a quantitative fashion, and to quantify relationships between variables. Statistical analysis is used in designing scientific studies to increase consistency, measure uncertainty, and produce robust datasets.

Who is known as father of statistics?

Sir Ronald Aylmer Fisher FRS (17 February 1890 – 29 July 1962) was a British statistician, geneticist, and professor….Ronald Fisher.

Sir Ronald Fisher FRS
Fields Statistics, genetics, and evolutionary biology

Why is statistics an art and science?

Answer: Statistics is both science and art. Statistical methods are systematic and have a general application which makes it a science. Further, the successful application of these methods requires skills and experience of using the statistical tools. These aspects make it an art.

What is the role of computers in statistics?

Another way to categorise the relation statistics-computer is to list the different ways the computer can be used in statistics. The following are examples of such uses: numerical and graphical data analy- sis; symbolic computations; simulations; storing statistical knowledge; presentation of results.

Is statistics a separate science?

Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation, and presentation of data. It is applicable to a wide variety of academic disciplines, from the physical and social sciences to the humanities. Statistics are also used for making informed decisions.

Is statistics a mathematical science?

Statistics is a mathematical science extensively used in a wide variety of fields. Indeed, every discipline which gathers and interprets data uses statistical concepts and procedures to understand the information implicit in their data.

Is Statistics science or math?

Statistics is a mathematical body of science that pertains to the collection, analysis, interpretation or explanation, and presentation of data, or as a branch of mathematics. Some consider statistics to be a distinct mathematical science rather than a branch of mathematics.

Is statistics a pure science?

No, Statistics isn’t a pure science like physics or chemistry as it is not absolute and universal in nature. The observations made in statistics are more susceptible to a change in the situation, which will give a wildly different conclusion.

Who is the father of Indian statistics?

Prof. Prasanta Chandra Mahalanobis