Name : Disha Prakash Bhawar STD : FYBSC(CS) ROLL NO : FF49 SUB : DESCRIPTIVE STATISTICS-1 TOPIC : HISTORY OF STATISTICS

Name : Disha Prakash Bhawar STD : FYBSC(CS) ROLL NO : FF49 SUB : DESCRIPTIVE STATISTICS-1 TOPIC : HISTORY OF STATISTICS.

Introduction. Statistics is the science of collecting, analyzing, and interpreting data. It has a rich history that dates back to ancient times. In this presentation, we will explore the early beginnings of statistics, the development of probability theory, statistical inference, and modern applications of statistics..

Graph on document with pen. WHAT IS STATISTICS?. Statistics is a branch that deals with every aspect of the data. Statistical knowledge helps to choose the proper method of collecting the data and employ those samples in the correct analysis process in order to effectively produce the results. In short, statistics is a crucial process which helps to make the decision based on the data..

A Brief History of Statistics. [image] A close up of a graph Description automatically generated.

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Development of Probability Theory. A painting of a person in a gold frame Description automatically generated.

Statistical Inference. A graph of growth and progress Description automatically generated with medium confidence.

Modern Applications. A graph on a screen Description automatically generated.

Challenges and future of statistics. Statistics can have several challenges, including: Generalizing results: Generalizing experimental results to other settings and projects Scaling up results: Scaling up results obtained in academic studies to industrial settings Data quality: Issues with data quality, bias, and missing data Interpretation: Difficulty in understanding and interpreting the data Statistical methods: Using the wrong statistical methods, or using them incorrectly Limitations: Statistics deal with groups and aggregates only, and cannot be applied to heterogeneous data.

The journey through the history of statistics unveils a remarkable evolution from its ancient roots to the modern era. From the rudimentary data practices of early civilizations to the profound mathematical theories of brilliant minds like Gauss, Laplace, Fisher, and others, statistics has transformed the way we understand and interpret data . Today, statistics is an indispensable tool across various domains, driving advancements in science, business, healthcare, and technology. The emergence of Big Data and the integration of AI and machine learning have further propelled the field into uncharted territories. As we move forward, we face ethical challenges and exciting opportunities. The responsible and ethical use of data, coupled with the integration of cutting-edge technologies, will shape the future landscape of statistical analysis. In conclusion, the history of statistics not only showcases a journey of human curiosity and innovation but also emphasizes its ongoing significance in shaping our understanding of the world. With each advancement, statistics continues to be an integral part of decision-making, problem-solving, and furthering our knowledge.

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