Microsoft PowerPoint - Presentation1

[Audio] HISTORY OF STASTICAL PRESENTED BY : MR. ANIKET GAJANAN JADHAO ROLL NO : FF45.

[Audio] INDEX INTRODUCTION MEANING_PLURAL MEANING_SINGULAR HISTORY STATISTICS BASIC CONCEPT SCOPE.

[Audio] INTRODUCTION  Statistics has its origin in Latin word Status, Italian word Statista and German term Statistik all of which mean "Political State". In ancient times the beginning of Statistics was made to meet the requirements of State primarily and hence the name.  Statistics is generally used to mean quantitative aspects of data management but as a subject of study it refers to body of principles and procedures developed for collection, classification, summarization and meaningful interpretation and for the use of such data.  The term Statistics is generally used in 2 senses-Meaning1.Plural Sense2. Singular Sense  The discipline is useful in converting random data to understandable information and aids in strategic business decision making..

[Audio] MEANING PLURAL  Under this, the Statistics refers to numerical statement of facts related to any field of enquiry such as data related to income, expenditure, population etcPlural sensein the sense of numerical data or Statistical data.  Definitions- "Statistics are numerical statements of facts in any department of enquiry placed in relation to each other"BowleyDefinitions for Plural sense"By statistics we mean quantitative data affected to a marked extent by multiplicity of cause"- Yule and Kendall.

[Audio]  Definitions"Statistics is the science which deals with the collection, classification and tabulation of numerical facts as a basis for the explanation. description and comparison of phenomena-Lovitt MEANING_SINGULAR.

[Audio] SCOPE  Study of Aggregates only- Statistics studies only the aggregates and not particular unit. No conclusion is possible from single piece of data.  Study of Numerical facts-Statistics can only study such facts which can be expressed in numerical terms .  Homogeneity of data- Quantitative data has to be consistent and homogeneous otherwise it will not be possible to draw conclusions.  Results are true only on an average- Statistical results only express tendencies and are true on an average and not absolutely  Not the only method- Statistics is not the only method to study and many a time does not suggest the best solution of each problem. KU1.

[Audio] Slide 6 KU1 Krishna Ubale, 05/11/2023. Slide 6 KU1 Krishna Ubale, 05/11/2023.