Data for Sustainable Development


Has been designated as "National Statistics Day" one of the special days to be celebrated at the national level in recognition of Mahalonobis' invaluable contribution in establishing the National Statistical System. It is celebrated on the birth anniversary of late Professor Prasanta Chandra Mahalanobis.
Statistics is basically a branch of mathematics that deals with the collection, analysis, and interpretation of data. Statistics can be used to determine the potential outcome of thousands of things where the human mind alone wouldn't be able to. Statistics benefits all of us because we are able to predict the future based on data we have previously gathered. On a daily basis, people collect and analyze a lot of information presented in numbers, and it is closely associated with different aspects of their lives.
Statisticians may apply their knowledge of statistical methods to a variety of subject areas, such as biology, economics, engineering, medicine, public health, psychology, marketing, education, and sports. Many economic, social, political, and military decisions cannot be made without statistical techniques, such as the design of experiments to gain federal approval of a newly manufactured drug. Statistics, however, provides us with a tool to make an educated decision. We will be able to decide which of the two possibilities is more likely to be true. People are usually interested in the average temperature and the weather forecasts, in the amount of people who prefer this or that product which they usually purchase. These persons listen to the economical news in which the data of statistics on the state's development are presented and pay attention to the risks of the transport incidents before going out the house.
Statistics plays a very pivotal role in our day-to-day lives. It is what helps us in predicting what might happen in the future and also to understand what has happened in the past. Today statistics is used in a wide range of areas. The population growth, the rate of unemployment, climate, etc., are determined with the help of this branch of science. It helps in designing the effective and proper planning of the statistical inquiry in any field. It gives valid inferences with the reliability measures about the population parameters from the sample data.Statistics plays a vital role in understanding economic data such as the relationship between the quantity and price, supply and demand, economic output, GDP, per capita income of nations etc. Government statistics are essential for a democratic government and they serve to advance businesses and the well-being of its citizens. Statistical agencies provide accurate, timely, & credible information, which informs current & future policies.
Wherever a collection of data and interpretation are required, statistics are made use of. Almost all the fields we work rely on the science of statistics. It is not possible to predict anything with precision. Today, it is not necessary for people to examine and test a lot of material to get the information about its appropriateness for the people's everyday activity or about tendencies of the phenomenon's progress because all these data can be taken in the form of the statistical graphs or percentages.
( B-15 Jyoti-Kalash Society, Jodhpur Tekra Satellite Ahmedabad - 380 015)

Share This Story

Comment On This Story


Photo Gallery

BSE Sensex
NSE Nifty