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Q.

Which are the fields having best application of statistics ?

Asked by joyesh chakraborty, 29 Mar '11 09:16 am
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1.

Statistics plays a vital role in every fields of human activity. Statistics has important role in determining the existing position of per capita income, unemployment, population growth rate, housing, schooling medical facilities etcin a country. Now statistics holds a central position in almost every field like Industry, Commerce, Trade, Physics, Chemistry, Economics, Mathematics, Biology, Botany, Psychology, Astronomy etc, so application of statistics is very wide.
Answered by LIPSIKA, 29 Mar '11 09:58 am

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2.

Statistics is the mathematical science involving the collection, analysis and interpretation of data. A number of specialties have evolved to apply statistical theory and methods to various disciplines. Certain topics have "statistical" in their name but relate to manipulations of probability distributions rather than to statistical analysis.

* Actuarial science is the discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.

* Biostatistics is a branch of biology that studies biological phenomena and observations by means of statistical analysis, and includes medical statistics.

* Chemometrics is the science of relating measurements made on a chemical system or process to the state of the system via application of mathematical or statistical methods.

* Demography is the statistical study of all populations. It can be a very general science that can be applied to any kind of dynamic population, that ...more
Source: Wikipedia
Answered by anantharaman, 29 Mar '11 09:20 am

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3.

I don't know much about that, but if you are searching for your financial aid, better be careful with your choices. I want to share a link on how you can avoid certain financial aid providers.
http://privatestudentloan.org/the-three-worst-student-loan-prov iders/
Answered by Abin Clane, 22 May '11 10:46 am

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4.

In each and every field sir .... There are two kinds of statistics, the kind you look up and the kind you make up. As Mark Twain tells .... There are lies, damned lies and statistics :)))
Answered by PARTHA PATHAK, 29 Mar '11 09:46 am

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5.

It is being used for proving efficacy of new drugs in pharma industry
Answered by dhanendra kumar jain, 29 Mar '11 09:23 am

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