Question

Statistics plays a significant role in our everyday lives in one way or another. Give an example, or two of how statistics plays a role in your life.

Answer 1

1)In quality testing, statistical concepts are used to assume probable outcomes. They make every result crystal clear so, whenever any business house is going to purchase some raw material or other materials they can easily decide based on the statistical data.

2)News Channels use statistical data to make everything understandable for its viewers. Statistical data plays a strong part in this sector. Without that, it will be tough for viewers to understand the important perspectives of today's’ world.