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10 Everyday Reasons Why Statistics Are Important Statistics are sets of mathematical equations that are used to analyze what is happening in the world around us. You've heard that today we live in the Information Age where we understand a great deal about the world around us.


Why statistics are important in our life? Statistics are the sets of mathematical equations that we used to analyze the things. It keeps us informed about, what is happening in the world around us.


In social science, statistics cover all the jobs which is necessary in social sciences for planning, estimating,working, facilitating and most important point is that through statistics all information, observation and data are collected into a single page.


The same should be true with statistics. If an analyst presents unreliable conclusions, there is no one better qualified than a statistician to identify the problem and fix it! So, what is the field of statistics, and why is it so important? The Field of Statistics. The field of statistics is the science of learning from data.


Unlike mathematics statistics is not deterministic, it's probabilistic. So you can't arrive at a direct determined conclusion on the experiments or study which you conduct. In statistics all conclusions are made with certain probability at some le...


The Bureau of Labor Statistics indicates, among other things, that the use of statistics is widespread and growing, that individuals with a degree in statistics have opportunities in a variety of fields, and that the median salary of statisticians is $80,110.


Why Study Statistics WHAT IS STATISTICS ? Statistics is the science and, arguably, also the art of learning from data. As a discipline it is concerned with the collection, analysis, and interpretation of data, as well as the effective communication and presentation of results relying on data.


Just as important as detecting the deceptive use of statistics is the appreciation of the proper use of statistics. You must also learn to recognize statistical evidence that supports a stated conclusion. Statistics are all around you, sometimes used well, sometimes not.


Statistics in Math and Science. Statistics allow people to change the world, make money, have fun, satisfy their curiosities and so much more. Without statistics, the world would be in the dark about much of the important information people use every day. Beyond that, statistics are used to further the study of math and science.


However, statistics plays an important role in a great number of different fields, some of which you might not have expected. Here’s a list of fields that use statistics and why it’s important to each field. Take a class in introductory statistics.