TOPICStatistics in daily life

Maruf Hasan. 152-15-5604 Md.Abid Islam Riton. 152-15-5806 Md.Iftiar Hossain 152-15-5605 Md.Abu Shaik 152-15-5612

CONTENT

INTRODUCTION

What Is Statistic? Designing experiments and

other data collection, Summarizing information to

aid understanding, Drawing conclusions from

data, and Estimating the present or

predicting the future.

History of Statistic

The History of statistics can be said to start around 1749 although.

The modern field of statistics only emerged in the late 19th and early 20th century in three stages.

USE OF STATISTICS IN REAL LIFE

INDUSTRIES AND BUSINESSPerformance Measurement The late management guru Peter Drucker once said that what gets measured in business is what gets done. With this in mind, many business leaders rely on key performance indicators, or KPIs, to measure how well their companies operate.Performance Boost Statistics not only help measure business performance, but can also provide a means for boosting it. Some firms even use data and statistics to experiment with ways to improve management decisions, final reported.Customer Data Effective collection and mining of statistical data can yield valuable insight for companies about the likes, dislikes and buying habits of their customers.Other Uses Companies in many industrial sectors rely on statistics for other purposes, too. Some firms use data from sensors embedded in their products to offer such services as proactive maintenance, according to McKinsey.

AGRICULTUREWhat amount of crops are grown this year in comparison to previous year or in comparison to required amount of crop for the country.Creating gdp form.Quality and size of grains grown due to use of different fertilizer.

FORESTRYHow much growth has been occurred in area under forest or how much forest has been depleted in last 5 years?How much different species of flora and fauna have increased or decreased in last 5 years?

EDUCATIONMoney spend on girls education in comparison to boys education?Increase in no. of girl students who seated in who Seated for different exams?Comparison for result for last 10 years.

ECOLOGICAL STUDIESComparison of increasing impact of pollution on global warming?Increasing effect of nuclear reactors on environment?

MEDICAL STUDIESNo. of new diseases grown in last 10 year.Increase in no. of patients for a particular disease.

SPORTSUsed to compare run rates of to different teams.Used to compare to different players.

Use statistics in computer scienceData mining Data mining is performed with the help of statistics by using functions to find irregularities or inconsistencies within data.

Data compression Computer programs like Win Zip are able to reduce the size of electronic files by applying data compression techniques from computer science. Data compression uses statistical algorithms to compress data.

Networking Statistics are also used in network traffic modeling, whereby available bandwidth is exploited to be usable while the use of statistical programs

avoids network congestion. Other Statistic uses in computer science include quality management, software engineering, storage and retrieval processes and software and hardware engineering and manufacturing. Algorithms have become necessary in many facets of computer programming and data mining.

Statistics also back programs such as Google Translate, which uses data to perform on-line translations and work as a search Engine. Statistics are used in both of these instances by using the spoken or typed word and changing it into a sequence of numbers that matches it with known dictionaries.

Discussion and Conclusion

The term is studied in less in the syllabus of mathematics, but when come real life application understanding of statistic is very important. In all areas of life we come with use of word statistic. The Statistic is studied on average term not on individual basis. It is being useful for analysis of an performance, financial investment, manufacturing and production unit in an organization and even the individual growth of development in day to day life can be analyzed using statics.