Use of statistics.edited (1).docx - 1 The Use of Statistics...

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1The Use of Statistics in Our Daily LifeName:ProfessorInstitution:Course:Date:
2The Use of Statistics in Our Daily LifeStatistics isthe practice or science of collecting and analyzing numerical data in largequantities, especially to infer proportions in a whole from those in a representative sample.Statistics is important in all human activity. It aides governments, regions, organizations,businesses, and families plan for the future by analyzing the data collected for specific issues(Okafor, 2018). Individuals will also benefit from statistics in their daily endeavors.According toOkafor (2018), statisticsaid governments, regions, organizations,businesses, and families plan for the future by analyzing the data collected for specific issues.Individuals will also benefit from statistics in their daily endeavors.There are different types of statistics. In this article, we shall seek to understand twoexamples of statistics that can be employed in our daily life. The two main statistics aredescriptive and inferential. Descriptive statisticsprovide information about our immediate datagroup, while inferential statistics use the sample data to represent the bigger picture.

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