"Statistics is defined as aggregate of numerical facts." Give a few ex...
Statistics is defined as aggregate of numerical facts". ... Statistics as aggregate of numerical facts : Some quantitative information relating to an individual like Ram has two brothers cannot be taken as statistics. In the same way Ram has 100 rupees in his pocket cannot be taken asstatistics.
"Statistics is defined as aggregate of numerical facts." Give a few ex...
Examples of Statistics:
1. Population Statistics:
- Population statistics refer to numerical facts about the size, distribution, and characteristics of a population within a specific region or country.
- For example, the population of a city, the age distribution of its residents, the gender ratio, and the ethnic composition are all examples of population statistics.
- These statistics are crucial for policymakers, urban planners, and businesses to make informed decisions regarding resource allocation, infrastructure development, and marketing strategies.
2. Economic Statistics:
- Economic statistics encompass data related to the financial activities of individuals, businesses, and governments within an economy.
- Examples of economic statistics include GDP (Gross Domestic Product), inflation rate, unemployment rate, and consumer spending.
- These statistics play a significant role in assessing the health of an economy, formulating monetary and fiscal policies, and predicting future economic trends.
3. Health Statistics:
- Health statistics involve numerical information about the prevalence of diseases, mortality rates, life expectancy, and healthcare access within a population.
- For instance, the number of COVID-19 cases, vaccination rates, infant mortality rate, and obesity prevalence are all examples of health statistics.
- Health statistics aid healthcare providers, policymakers, and researchers in identifying health disparities, designing targeted interventions, and evaluating the effectiveness of public health programs.
By analyzing these examples of statistics, we can see how numerical facts play a crucial role in various fields such as demography, economics, and public health. Statistics provide valuable insights that help decision-makers make informed choices and drive evidence-based solutions.
To make sure you are not studying endlessly, EduRev has designed Class 11 study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Class 11.