Introduction

The field of statistics is the science of learning from data. Statistical knowledge helps you use the proper methods to collect the data, employ the correct analyses, and effectively present the results. Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions. Statistics allows you to understand a subject much more deeply.

The importance of statistics in daily life:

In the 21st century, more data are collected about our daily life than ever before. As computers become more powerful, we can easily analyze and interpret ever larger datasets. Statistical analysis is becoming increasing important in many research fields, allowing us to fully understand and disseminate ideas not just to our peers, but to the wider population. A few examples will illustrate this point.

The objective of Statistics:

* To present a brief picture of data
* To represent the universe
* To facilitate comparison
* Prediction and decision making
* To make inference about certain characteristics
* To present facts in a definite form

Scope of statistics in various fields:

* Economics
* Business and industry
* Science and Research
* Banking
* Finance and share market
* Health
* Government sectors
* sports