SlideShare a Scribd company logo
STATISTICS




STATISTICS~~~
THE word statistics came into existence towards
the middle of the eighteenth century.It is derived
    from the Latin word ‘status’ or the Italian word
  ‘statista’ or the German word ‘statistik’ ; each of
                     which means a ‘’Political State’.
STATISTICS CAN BE
DIVIDED INTO 2 PARTS:


             SINGULAR

    PLURAL
In the singular
sense it refers to
techniques or
methods relating
to
collection,present
ation,analysis and
interpetation of
quantative data.
DEFINITION…IN THE
SINGULAR SENSE…
 “Statistics may be defined as the
  collection, presentation, analysis and interpretation of
  numerical data.”                              -Croxton
  and Cowden
 “Statistics is the science which deals with the
  collection, classification and tabulation of numerical
  facts as a basis for the explanation, description and
  comparison of phenomena.” -                      -Lovitt
 “Statistics is the science which deals with the methods
  of collecting, classifying, presenting, comparing and
  interpreting numerical data collected to throw some
IN the plural
sense it refers to
information in
terms of
numbers or
numerical data,
such as
population
statistics,
employment
statistics,
statistics
concerning
public
expenditure.
DEFINITION…in the plural
sense…
 “Statistics are numerical statements of facts in any
  department of enquiry placed in relation to each
  other.”                                      -Bowley
 “By statistics we mean quantitative data affected to a
  marked extent by multiplicity of causes.”
                                     -Yule and Kendall
FUNCTIONS OF STATISTICS!!!
   DEFINITENESS        CONDENSATION




   COMPARISION          PREDICTION




POLICY FORMULATION   TESTING HYPOTHESIS
 DEFINITENESS : Statistics presents facts in a
  precise and definite form thus help proper
  comprehension of what is stated. For example,
  number of unemployment per 1000 employment has
  increased.
 CONDENSATION : It condenses mass of data into a
  few significant data. For example, the per capita
  income of India easy to find than the individual
  income.
 COMPARISION : Unless figures are compared with
  others of the same kind they are often devoid of any
  meaning. For example, If we say that the production of
  Maruti Udyog Ltd. has increased from 200 cars a day
  to 2500 cars a day.
 TESTING HYPOTHESIS : Statistical methods are
  extremely useful in formulating and testing hypothesis and
  to develop new theories. For example, whether students
  have benefited from the extra coaching or not.
 PREDICTION : Statistical methods provide helpful
  means of forecasting future events. For example, if a
  businessman has to decide how much he should produce
  in 2010, then he would be analysing the sales data of the
  previous year to predict the maximum production of the
  year.
 FORMULATING POLICIES : Statistics provide the basic
  material for framing suitable policies. For example, the
  decision regarding the import of oil depends upon the total
  consumption and the internal production.
STATISTICS
AND
COMPUTERS
…
COMPUTER…
 As statistical theories become more complex, it
  becomes increasingly difficult to perform the
  calculations needed to apply these theories…
 As statisticians devise new ways of describing and
  using data of decisions, computer respond with newer
  & more efficient ways of performing these operations.
 Conversely, with the evolution of more powerful
  techniques, people in statistics are encouraged to
  explore new and more sophisticated methods of
  statistical analysis.
LIMITATIONS
OF
STATISTICS…
 Study of numerical facts only: It studies only
  quantitative phenomena and not qualitative
  phenomena like honesty, friendship, wisdom etc.
 Study of aggregates only: For example, if the
  income of Ram is Rs 2000 per month ,it has no
  relevance in statistics. But if the income of Ram is Rs
  2000 p.m.,that of Sohan is Rs 3000 p.m. and that of
  Shyam is Rs 4000 p.m. in the aggregate of Rs 9000 and
  average of Rs 3000,it makes sense in terms of relative
  income of all the three persons.
 Homogeneity of Data, an Essential Requirement:
  For example, production of foodgrains cannot be
  compared with the production of cloth. It is because
  cloth is measured in metres and foodgrains in tonnes .
 Results are true only on an average: For instance, if it is
  said that per capita income in India is Rs 18000 p.a., it does
  not mean that the income of each and every Indian is Rs
  18000 p.a.
 Without reference, results may prove to be wrong: For
  example, in the business of cloth profits earned during
  three years may be Rs 1000,Rs 2000,Rs 3000 and in business
  of paper profits are Rs 3000,Rs 2000,Rs 1000 respectively.
  Thus the average profit is Rs 2000 p.a. conclusively it may
  states that the economic status of both the business is
  same which may not be true.
 Can be used only by the experts: It can only be used by
  those persons who have special knowledge of statistical
  methods otherwise they cannot make sensible use of
  statistics.
 Prone to misuse: It is usually said, “Statistics are like clay
  by which you can make a devil, as you please”.
What is statistics
STATISTICS AND STATE


   STATISTICS AND BUSINESS


   STATISTICS AND ECONOMICS


STATISTICS AND PHYSICAL SCIENCE


STATISTICS AND NATURAL SCIENCE


   SATTISTICS AND RESEARCH


   STATISTICS AND OTHER USES
QUESTIONS???
        STATISTICS
THANKYOU!!!
What is statistics
Ad

More Related Content

What's hot (20)

Statistics in real life
Statistics in real lifeStatistics in real life
Statistics in real life
MuntasirMuhit
 
Scale of measurement
Scale of measurementScale of measurement
Scale of measurement
HennaAnsari
 
Descriptive statistics
Descriptive statisticsDescriptive statistics
Descriptive statistics
Anand Thokal
 
Measures of central tendency
Measures of central tendencyMeasures of central tendency
Measures of central tendency
Joydeep Hazarika
 
An Overview of Basic Statistics
An Overview of Basic StatisticsAn Overview of Basic Statistics
An Overview of Basic Statistics
getyourcheaton
 
Time series Analysis
Time series AnalysisTime series Analysis
Time series Analysis
Habibullah Bahar University College
 
Simple linear regression and correlation
Simple linear regression and correlationSimple linear regression and correlation
Simple linear regression and correlation
Shakeel Nouman
 
Meaning of statistics
Meaning of statisticsMeaning of statistics
Meaning of statistics
Sarfraz Ahmad
 
Types of variables in statistics
Types of variables in statisticsTypes of variables in statistics
Types of variables in statistics
Zakaria Hossain
 
Introduction to Statistics
Introduction to StatisticsIntroduction to Statistics
Introduction to Statistics
aan786
 
Measure of Central Tendency
Measure of Central TendencyMeasure of Central Tendency
Measure of Central Tendency
Mysore University Library
 
Introduction to basic concepts of statistics
Introduction to basic concepts of statisticsIntroduction to basic concepts of statistics
Introduction to basic concepts of statistics
Afsheen Affan
 
Types of Data
Types of DataTypes of Data
Types of Data
Dr. Amjad Ali Arain
 
Introduction to Descriptive Statistics
Introduction to Descriptive StatisticsIntroduction to Descriptive Statistics
Introduction to Descriptive Statistics
Sanju Rusara Seneviratne
 
Inferential statistics.ppt
Inferential statistics.pptInferential statistics.ppt
Inferential statistics.ppt
Nursing Path
 
A power point presentation on statistics
A power point presentation on statisticsA power point presentation on statistics
A power point presentation on statistics
Kriace Ward
 
Statistics "Descriptive & Inferential"
Statistics "Descriptive & Inferential"Statistics "Descriptive & Inferential"
Statistics "Descriptive & Inferential"
Dalia El-Shafei
 
Measurement of scales
Measurement of scalesMeasurement of scales
Measurement of scales
Research Scholar - HNB Garhwal Central University, Srinagar, Uttarakhand.
 
Introduction to Statistics (Part -I)
Introduction to Statistics (Part -I)Introduction to Statistics (Part -I)
Introduction to Statistics (Part -I)
YesAnalytics
 
Regression analysis
Regression analysisRegression analysis
Regression analysis
University of Jaffna
 
Statistics in real life
Statistics in real lifeStatistics in real life
Statistics in real life
MuntasirMuhit
 
Scale of measurement
Scale of measurementScale of measurement
Scale of measurement
HennaAnsari
 
Descriptive statistics
Descriptive statisticsDescriptive statistics
Descriptive statistics
Anand Thokal
 
Measures of central tendency
Measures of central tendencyMeasures of central tendency
Measures of central tendency
Joydeep Hazarika
 
An Overview of Basic Statistics
An Overview of Basic StatisticsAn Overview of Basic Statistics
An Overview of Basic Statistics
getyourcheaton
 
Simple linear regression and correlation
Simple linear regression and correlationSimple linear regression and correlation
Simple linear regression and correlation
Shakeel Nouman
 
Meaning of statistics
Meaning of statisticsMeaning of statistics
Meaning of statistics
Sarfraz Ahmad
 
Types of variables in statistics
Types of variables in statisticsTypes of variables in statistics
Types of variables in statistics
Zakaria Hossain
 
Introduction to Statistics
Introduction to StatisticsIntroduction to Statistics
Introduction to Statistics
aan786
 
Introduction to basic concepts of statistics
Introduction to basic concepts of statisticsIntroduction to basic concepts of statistics
Introduction to basic concepts of statistics
Afsheen Affan
 
Inferential statistics.ppt
Inferential statistics.pptInferential statistics.ppt
Inferential statistics.ppt
Nursing Path
 
A power point presentation on statistics
A power point presentation on statisticsA power point presentation on statistics
A power point presentation on statistics
Kriace Ward
 
Statistics "Descriptive & Inferential"
Statistics "Descriptive & Inferential"Statistics "Descriptive & Inferential"
Statistics "Descriptive & Inferential"
Dalia El-Shafei
 
Introduction to Statistics (Part -I)
Introduction to Statistics (Part -I)Introduction to Statistics (Part -I)
Introduction to Statistics (Part -I)
YesAnalytics
 

Viewers also liked (6)

What Is Statistics
What Is StatisticsWhat Is Statistics
What Is Statistics
Akila Jayarathna
 
STATISTICS
STATISTICSSTATISTICS
STATISTICS
pratikjeswani
 
Introduction to statistics
Introduction to statisticsIntroduction to statistics
Introduction to statistics
madan kumar
 
Basic Statistical Concepts and Methods
Basic Statistical Concepts and MethodsBasic Statistical Concepts and Methods
Basic Statistical Concepts and Methods
Ahmed-Refat Refat
 
Statistical ppt
Statistical pptStatistical ppt
Statistical ppt
feminaargonza09
 
Introduction To Statistics
Introduction To StatisticsIntroduction To Statistics
Introduction To Statistics
albertlaporte
 
Ad

Similar to What is statistics (20)

Introduction to Statistics.pptxxxxxxxccx
Introduction to Statistics.pptxxxxxxxccxIntroduction to Statistics.pptxxxxxxxccx
Introduction to Statistics.pptxxxxxxxccx
Dipankar83
 
Statistics...
Statistics...Statistics...
Statistics...
Islamia university of bahawalpur
 
Overview of statistics
Overview of statisticsOverview of statistics
Overview of statistics
Manishadevanshi
 
Chapter 1 Introduction to statistics, Definitions, scope and limitations.pptx
Chapter 1 Introduction to statistics, Definitions, scope and limitations.pptxChapter 1 Introduction to statistics, Definitions, scope and limitations.pptx
Chapter 1 Introduction to statistics, Definitions, scope and limitations.pptx
SubashYadav14
 
Stats notes
Stats notesStats notes
Stats notes
Prabal Chakraborty
 
Statistics / Quantitative Techniques Study Material
Statistics / Quantitative Techniques Study MaterialStatistics / Quantitative Techniques Study Material
Statistics / Quantitative Techniques Study Material
Prabal Chakraborty
 
Statistics for Managers notes.pdf
Statistics for Managers notes.pdfStatistics for Managers notes.pdf
Statistics for Managers notes.pdf
Velujv
 
PPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
PPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnPPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
PPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
pranav2136w
 
Statistics assignment
Statistics assignmentStatistics assignment
Statistics assignment
Pragati Mehndiratta
 
STATISTICS INTRODUCTION A.pptx
STATISTICS INTRODUCTION A.pptxSTATISTICS INTRODUCTION A.pptx
STATISTICS INTRODUCTION A.pptx
Manisha Seth
 
Introduction concepts of Statistics
Introduction concepts of StatisticsIntroduction concepts of Statistics
Introduction concepts of Statistics
Saurabh Patni
 
Mathematics and statistics for Managers
Mathematics and statistics for ManagersMathematics and statistics for Managers
Mathematics and statistics for Managers
Dr T.Sivakami
 
Introduction to Statistics for analytics
Introduction to Statistics for analyticsIntroduction to Statistics for analytics
Introduction to Statistics for analytics
shardaharyani
 
Introduction to statistics
Introduction to statisticsIntroduction to statistics
Introduction to statistics
akbhanj
 
Introduction to Business Statistics
Introduction to Business StatisticsIntroduction to Business Statistics
Introduction to Business Statistics
SOMASUNDARAM T
 
Business Statistics.pdf
Business Statistics.pdfBusiness Statistics.pdf
Business Statistics.pdf
ssuser25bd39
 
Business Statistics.pdf
Business Statistics.pdfBusiness Statistics.pdf
Business Statistics.pdf
sivakumar740407
 
Nature of Statistics(advancen aougfhcmdfncomzom).pptx
Nature of Statistics(advancen aougfhcmdfncomzom).pptxNature of Statistics(advancen aougfhcmdfncomzom).pptx
Nature of Statistics(advancen aougfhcmdfncomzom).pptx
MelanieEstebanVentur1
 
Introduction to Statistics PPT (1).pptx
Introduction to Statistics PPT (1).pptxIntroduction to Statistics PPT (1).pptx
Introduction to Statistics PPT (1).pptx
Rishabh332761
 
Statistics an introduction (1)
Statistics  an introduction (1)Statistics  an introduction (1)
Statistics an introduction (1)
Suresh Kumar Murugesan
 
Introduction to Statistics.pptxxxxxxxccx
Introduction to Statistics.pptxxxxxxxccxIntroduction to Statistics.pptxxxxxxxccx
Introduction to Statistics.pptxxxxxxxccx
Dipankar83
 
Chapter 1 Introduction to statistics, Definitions, scope and limitations.pptx
Chapter 1 Introduction to statistics, Definitions, scope and limitations.pptxChapter 1 Introduction to statistics, Definitions, scope and limitations.pptx
Chapter 1 Introduction to statistics, Definitions, scope and limitations.pptx
SubashYadav14
 
Statistics / Quantitative Techniques Study Material
Statistics / Quantitative Techniques Study MaterialStatistics / Quantitative Techniques Study Material
Statistics / Quantitative Techniques Study Material
Prabal Chakraborty
 
Statistics for Managers notes.pdf
Statistics for Managers notes.pdfStatistics for Managers notes.pdf
Statistics for Managers notes.pdf
Velujv
 
PPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
PPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnPPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
PPT of Statistics V1.pptxnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn
pranav2136w
 
STATISTICS INTRODUCTION A.pptx
STATISTICS INTRODUCTION A.pptxSTATISTICS INTRODUCTION A.pptx
STATISTICS INTRODUCTION A.pptx
Manisha Seth
 
Introduction concepts of Statistics
Introduction concepts of StatisticsIntroduction concepts of Statistics
Introduction concepts of Statistics
Saurabh Patni
 
Mathematics and statistics for Managers
Mathematics and statistics for ManagersMathematics and statistics for Managers
Mathematics and statistics for Managers
Dr T.Sivakami
 
Introduction to Statistics for analytics
Introduction to Statistics for analyticsIntroduction to Statistics for analytics
Introduction to Statistics for analytics
shardaharyani
 
Introduction to statistics
Introduction to statisticsIntroduction to statistics
Introduction to statistics
akbhanj
 
Introduction to Business Statistics
Introduction to Business StatisticsIntroduction to Business Statistics
Introduction to Business Statistics
SOMASUNDARAM T
 
Business Statistics.pdf
Business Statistics.pdfBusiness Statistics.pdf
Business Statistics.pdf
ssuser25bd39
 
Nature of Statistics(advancen aougfhcmdfncomzom).pptx
Nature of Statistics(advancen aougfhcmdfncomzom).pptxNature of Statistics(advancen aougfhcmdfncomzom).pptx
Nature of Statistics(advancen aougfhcmdfncomzom).pptx
MelanieEstebanVentur1
 
Introduction to Statistics PPT (1).pptx
Introduction to Statistics PPT (1).pptxIntroduction to Statistics PPT (1).pptx
Introduction to Statistics PPT (1).pptx
Rishabh332761
 
Ad

Recently uploaded (20)

GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...
GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...
GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...
James Anderson
 
Play It Safe: Manage Security Risks - Google Certificate
Play It Safe: Manage Security Risks - Google CertificatePlay It Safe: Manage Security Risks - Google Certificate
Play It Safe: Manage Security Risks - Google Certificate
VICTOR MAESTRE RAMIREZ
 
Cybersecurity Identity and Access Solutions using Azure AD
Cybersecurity Identity and Access Solutions using Azure ADCybersecurity Identity and Access Solutions using Azure AD
Cybersecurity Identity and Access Solutions using Azure AD
VICTOR MAESTRE RAMIREZ
 
UiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer OpportunitiesUiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer Opportunities
DianaGray10
 
UiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer OpportunitiesUiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer Opportunities
DianaGray10
 
Bepents tech services - a premier cybersecurity consulting firm
Bepents tech services - a premier cybersecurity consulting firmBepents tech services - a premier cybersecurity consulting firm
Bepents tech services - a premier cybersecurity consulting firm
Benard76
 
UiPath Automation Suite – Cas d'usage d'une NGO internationale basée à Genève
UiPath Automation Suite – Cas d'usage d'une NGO internationale basée à GenèveUiPath Automation Suite – Cas d'usage d'une NGO internationale basée à Genève
UiPath Automation Suite – Cas d'usage d'une NGO internationale basée à Genève
UiPathCommunity
 
Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...
Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...
Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...
BookNet Canada
 
AI Agents at Work: UiPath, Maestro & the Future of Documents
AI Agents at Work: UiPath, Maestro & the Future of DocumentsAI Agents at Work: UiPath, Maestro & the Future of Documents
AI Agents at Work: UiPath, Maestro & the Future of Documents
UiPathCommunity
 
Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...
Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...
Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...
Markus Eisele
 
Vibe Coding_ Develop a web application using AI (1).pdf
Vibe Coding_ Develop a web application using AI (1).pdfVibe Coding_ Develop a web application using AI (1).pdf
Vibe Coding_ Develop a web application using AI (1).pdf
Baiju Muthukadan
 
Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...
Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...
Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...
Raffi Khatchadourian
 
TrsLabs - Fintech Product & Business Consulting
TrsLabs - Fintech Product & Business ConsultingTrsLabs - Fintech Product & Business Consulting
TrsLabs - Fintech Product & Business Consulting
Trs Labs
 
Financial Services Technology Summit 2025
Financial Services Technology Summit 2025Financial Services Technology Summit 2025
Financial Services Technology Summit 2025
Ray Bugg
 
Viam product demo_ Deploying and scaling AI with hardware.pdf
Viam product demo_ Deploying and scaling AI with hardware.pdfViam product demo_ Deploying and scaling AI with hardware.pdf
Viam product demo_ Deploying and scaling AI with hardware.pdf
camilalamoratta
 
fennec fox optimization algorithm for optimal solution
fennec fox optimization algorithm for optimal solutionfennec fox optimization algorithm for optimal solution
fennec fox optimization algorithm for optimal solution
shallal2
 
AI You Can Trust: The Critical Role of Governance and Quality.pdf
AI You Can Trust: The Critical Role of Governance and Quality.pdfAI You Can Trust: The Critical Role of Governance and Quality.pdf
AI You Can Trust: The Critical Role of Governance and Quality.pdf
Precisely
 
The Microsoft Excel Parts Presentation.pdf
The Microsoft Excel Parts Presentation.pdfThe Microsoft Excel Parts Presentation.pdf
The Microsoft Excel Parts Presentation.pdf
YvonneRoseEranista
 
Webinar - Top 5 Backup Mistakes MSPs and Businesses Make .pptx
Webinar - Top 5 Backup Mistakes MSPs and Businesses Make   .pptxWebinar - Top 5 Backup Mistakes MSPs and Businesses Make   .pptx
Webinar - Top 5 Backup Mistakes MSPs and Businesses Make .pptx
MSP360
 
Vaibhav Gupta BAML: AI work flows without Hallucinations
Vaibhav Gupta BAML: AI work flows without HallucinationsVaibhav Gupta BAML: AI work flows without Hallucinations
Vaibhav Gupta BAML: AI work flows without Hallucinations
john409870
 
GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...
GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...
GDG Cloud Southlake #42: Suresh Mathew: Autonomous Resource Optimization: How...
James Anderson
 
Play It Safe: Manage Security Risks - Google Certificate
Play It Safe: Manage Security Risks - Google CertificatePlay It Safe: Manage Security Risks - Google Certificate
Play It Safe: Manage Security Risks - Google Certificate
VICTOR MAESTRE RAMIREZ
 
Cybersecurity Identity and Access Solutions using Azure AD
Cybersecurity Identity and Access Solutions using Azure ADCybersecurity Identity and Access Solutions using Azure AD
Cybersecurity Identity and Access Solutions using Azure AD
VICTOR MAESTRE RAMIREZ
 
UiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer OpportunitiesUiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer Opportunities
DianaGray10
 
UiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer OpportunitiesUiPath Agentic Automation: Community Developer Opportunities
UiPath Agentic Automation: Community Developer Opportunities
DianaGray10
 
Bepents tech services - a premier cybersecurity consulting firm
Bepents tech services - a premier cybersecurity consulting firmBepents tech services - a premier cybersecurity consulting firm
Bepents tech services - a premier cybersecurity consulting firm
Benard76
 
UiPath Automation Suite – Cas d'usage d'une NGO internationale basée à Genève
UiPath Automation Suite – Cas d'usage d'une NGO internationale basée à GenèveUiPath Automation Suite – Cas d'usage d'une NGO internationale basée à Genève
UiPath Automation Suite – Cas d'usage d'une NGO internationale basée à Genève
UiPathCommunity
 
Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...
Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...
Transcript: #StandardsGoals for 2025: Standards & certification roundup - Tec...
BookNet Canada
 
AI Agents at Work: UiPath, Maestro & the Future of Documents
AI Agents at Work: UiPath, Maestro & the Future of DocumentsAI Agents at Work: UiPath, Maestro & the Future of Documents
AI Agents at Work: UiPath, Maestro & the Future of Documents
UiPathCommunity
 
Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...
Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...
Enterprise Integration Is Dead! Long Live AI-Driven Integration with Apache C...
Markus Eisele
 
Vibe Coding_ Develop a web application using AI (1).pdf
Vibe Coding_ Develop a web application using AI (1).pdfVibe Coding_ Develop a web application using AI (1).pdf
Vibe Coding_ Develop a web application using AI (1).pdf
Baiju Muthukadan
 
Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...
Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...
Hybridize Functions: A Tool for Automatically Refactoring Imperative Deep Lea...
Raffi Khatchadourian
 
TrsLabs - Fintech Product & Business Consulting
TrsLabs - Fintech Product & Business ConsultingTrsLabs - Fintech Product & Business Consulting
TrsLabs - Fintech Product & Business Consulting
Trs Labs
 
Financial Services Technology Summit 2025
Financial Services Technology Summit 2025Financial Services Technology Summit 2025
Financial Services Technology Summit 2025
Ray Bugg
 
Viam product demo_ Deploying and scaling AI with hardware.pdf
Viam product demo_ Deploying and scaling AI with hardware.pdfViam product demo_ Deploying and scaling AI with hardware.pdf
Viam product demo_ Deploying and scaling AI with hardware.pdf
camilalamoratta
 
fennec fox optimization algorithm for optimal solution
fennec fox optimization algorithm for optimal solutionfennec fox optimization algorithm for optimal solution
fennec fox optimization algorithm for optimal solution
shallal2
 
AI You Can Trust: The Critical Role of Governance and Quality.pdf
AI You Can Trust: The Critical Role of Governance and Quality.pdfAI You Can Trust: The Critical Role of Governance and Quality.pdf
AI You Can Trust: The Critical Role of Governance and Quality.pdf
Precisely
 
The Microsoft Excel Parts Presentation.pdf
The Microsoft Excel Parts Presentation.pdfThe Microsoft Excel Parts Presentation.pdf
The Microsoft Excel Parts Presentation.pdf
YvonneRoseEranista
 
Webinar - Top 5 Backup Mistakes MSPs and Businesses Make .pptx
Webinar - Top 5 Backup Mistakes MSPs and Businesses Make   .pptxWebinar - Top 5 Backup Mistakes MSPs and Businesses Make   .pptx
Webinar - Top 5 Backup Mistakes MSPs and Businesses Make .pptx
MSP360
 
Vaibhav Gupta BAML: AI work flows without Hallucinations
Vaibhav Gupta BAML: AI work flows without HallucinationsVaibhav Gupta BAML: AI work flows without Hallucinations
Vaibhav Gupta BAML: AI work flows without Hallucinations
john409870
 

What is statistics

  • 2. THE word statistics came into existence towards the middle of the eighteenth century.It is derived from the Latin word ‘status’ or the Italian word ‘statista’ or the German word ‘statistik’ ; each of which means a ‘’Political State’.
  • 3. STATISTICS CAN BE DIVIDED INTO 2 PARTS: SINGULAR PLURAL
  • 4. In the singular sense it refers to techniques or methods relating to collection,present ation,analysis and interpetation of quantative data.
  • 5. DEFINITION…IN THE SINGULAR SENSE…  “Statistics may be defined as the collection, presentation, analysis and interpretation of numerical data.” -Croxton and Cowden  “Statistics is the science which deals with the collection, classification and tabulation of numerical facts as a basis for the explanation, description and comparison of phenomena.” - -Lovitt  “Statistics is the science which deals with the methods of collecting, classifying, presenting, comparing and interpreting numerical data collected to throw some
  • 6. IN the plural sense it refers to information in terms of numbers or numerical data, such as population statistics, employment statistics, statistics concerning public expenditure.
  • 7. DEFINITION…in the plural sense…  “Statistics are numerical statements of facts in any department of enquiry placed in relation to each other.” -Bowley  “By statistics we mean quantitative data affected to a marked extent by multiplicity of causes.” -Yule and Kendall
  • 8. FUNCTIONS OF STATISTICS!!! DEFINITENESS CONDENSATION COMPARISION PREDICTION POLICY FORMULATION TESTING HYPOTHESIS
  • 9.  DEFINITENESS : Statistics presents facts in a precise and definite form thus help proper comprehension of what is stated. For example, number of unemployment per 1000 employment has increased.  CONDENSATION : It condenses mass of data into a few significant data. For example, the per capita income of India easy to find than the individual income.  COMPARISION : Unless figures are compared with others of the same kind they are often devoid of any meaning. For example, If we say that the production of Maruti Udyog Ltd. has increased from 200 cars a day to 2500 cars a day.
  • 10.  TESTING HYPOTHESIS : Statistical methods are extremely useful in formulating and testing hypothesis and to develop new theories. For example, whether students have benefited from the extra coaching or not.  PREDICTION : Statistical methods provide helpful means of forecasting future events. For example, if a businessman has to decide how much he should produce in 2010, then he would be analysing the sales data of the previous year to predict the maximum production of the year.  FORMULATING POLICIES : Statistics provide the basic material for framing suitable policies. For example, the decision regarding the import of oil depends upon the total consumption and the internal production.
  • 12. COMPUTER…  As statistical theories become more complex, it becomes increasingly difficult to perform the calculations needed to apply these theories…  As statisticians devise new ways of describing and using data of decisions, computer respond with newer & more efficient ways of performing these operations.  Conversely, with the evolution of more powerful techniques, people in statistics are encouraged to explore new and more sophisticated methods of statistical analysis.
  • 14.  Study of numerical facts only: It studies only quantitative phenomena and not qualitative phenomena like honesty, friendship, wisdom etc.  Study of aggregates only: For example, if the income of Ram is Rs 2000 per month ,it has no relevance in statistics. But if the income of Ram is Rs 2000 p.m.,that of Sohan is Rs 3000 p.m. and that of Shyam is Rs 4000 p.m. in the aggregate of Rs 9000 and average of Rs 3000,it makes sense in terms of relative income of all the three persons.  Homogeneity of Data, an Essential Requirement: For example, production of foodgrains cannot be compared with the production of cloth. It is because cloth is measured in metres and foodgrains in tonnes .
  • 15.  Results are true only on an average: For instance, if it is said that per capita income in India is Rs 18000 p.a., it does not mean that the income of each and every Indian is Rs 18000 p.a.  Without reference, results may prove to be wrong: For example, in the business of cloth profits earned during three years may be Rs 1000,Rs 2000,Rs 3000 and in business of paper profits are Rs 3000,Rs 2000,Rs 1000 respectively. Thus the average profit is Rs 2000 p.a. conclusively it may states that the economic status of both the business is same which may not be true.  Can be used only by the experts: It can only be used by those persons who have special knowledge of statistical methods otherwise they cannot make sensible use of statistics.  Prone to misuse: It is usually said, “Statistics are like clay by which you can make a devil, as you please”.
  • 17. STATISTICS AND STATE STATISTICS AND BUSINESS STATISTICS AND ECONOMICS STATISTICS AND PHYSICAL SCIENCE STATISTICS AND NATURAL SCIENCE SATTISTICS AND RESEARCH STATISTICS AND OTHER USES
  • 18. QUESTIONS??? STATISTICS