Statistics_Lesson Plan_ Notes_Class 11_learning_newspaper

Class 11

Topic Statistics and its uses

#learning

#lessonplan

#economics

#learningwithnewspaper

At the end of the blog do see the article of Times of India Dated 20/5/2019

Be feel to coonect

pankajbhanwani@gmail.com 

The field of statistics is the science of learning from data.

Statistical knowledge helps you use the proper methods to collect the data, employ the correct analyses, and effectively present the results. 

Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions. 

Statistics allows you to understand a subject much more deeply.

Everybody watches weather forecasting. Have you ever think how do you get that information? There are some computers models build on statistical concepts. These computer models compare prior weather with the current weather and predict future weather.

Statistics mostly used by the researcher. They use their statistical skills to collect the relevant data. Otherwise, it results in a loss of money, time and data.

What do you understand by insurance? Everybody has some kind of insurance, whether it is medical, home or any other insurance. Based on an individual application some businesses use statistical models to calculate the risk of giving insurance.

 In financial market also statistic plays a great role. Statistics are the key of how traders and businessmen invest and make money.

Statistics play a big role in the medical field. Before any drugs prescribed, scientist must show a statistically valid rate of effectiveness. Statistics are behind all the study of medical.

Statistical concepts are used in quality testing. Companies make many products on a daily basis and every company should make sure that they sold the best quality items. But companies cannot test all the products, so they use statistics sample.

In everyday life we make many predictions. For examples, we keep the alarm for the morning when we don’t know that we will be alive in the morning or not. Here we use statistics basics to make predictions.

Doctors predict disease on based on statistics concepts. Suppose a survey shows that 75%-80% people have cancer and not able to find the reason. When the statistics become involved, then you can have a better idea of how the cancer may affect your body or is smoking is the major reason for it.

News reporter makes a prediction of winner for elections based on political campaigns. Here statistics play a strong part in who will be your governments.

 Statistics data allow us to collect the information around the world. The internet is a devise which help us to collect the information. The fundamental behind the internet is based on statistics and mathematics concepts.

The main portion of Statistics is the display of summarized data. Data is initially collected from a given source, whether they are experiments, surveys, or observation, and is presented in one of four methods:

Methods of presenting data in statistics

Textual Method 

The reader acquires information through reading the gathered data.

Tabular Method 

Provides a more precise, systematic and orderly presentation of data in rows or columns.

Semi-tabular Method 

Uses both textual and tabular methods.

Graphical Method 

The utilization of graphs is most effective method of visually presenting statistical results or find

Example from the newspaper which tells us about how statistics is used

Use of statistics #graphs#presentation of data