.How do you use statistical analysis in your work or even home life? Please give examples of how you use it or, if you do not think you use it, how it is used in your work place.
1. Sampling:- We often use this technique in home to test whether rice is cooked well or not by testing small amount.
2.Quality Analysis:- When we go to the grocery stores sometimes companies promote their products by advertising free samples of their products. These samples help us determine whether they are good enough to be purchased or not. Although such marketing tactics help lure more customers towards their product but a wise customer can easily determine whether the product is worth buying or not.
3. Prediction:- Doctors use statistics to understand the future of a disease. They are better able to predict about the prevalence of flue each winter season through the use of statistics. Engineers use statistics to predict about the success of their ongoing project, they also use statistics to predict how long it will take to complete a project.
4. Statistics play a big role in the medical field. Before any drugs prescribed, scientist must show a statistically valid rate of effectiveness.
Thank you.
.How do you use statistical analysis in your work or even home life? Please give examples...
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