The Usage Of Statistics - Essay Example

Download file to see previous pages In the business world of present times, figures and statistics have attained a very significant position and without their usage, companies can literally become bankrupt and economically unstable. It is the fiscal power that makes the organizations of today stands out from each other. Thus statistics are changed even in the business realms and misquoted at different points in time. The use of statistics is manifold. They are literally used in every software and program of the world, whether this one is operating in an airport or a highway. They cannot be denied of their presence at even the remotest of locations and are made available through the efficient and knowledgeable statisticians. Even in the world of sports, their usage is undeniable and these statisticians and record keepers make sure each and every record on the part of the player or a team for that matter is updated within a matter of seconds. The uses of statistics are in wars and weapons that are spread all over the world now and can be easily traced with different computer programs and software which only deal with these statistics and nothing else. It is the human being that understands these statistics and thus acts upon them, bringing and carrying out orders after they understand what is the scene on hand. statistics is taught as a completely different module to the students and they are imparted of the knowledge concerning this subject so that they comprehend the actual importance of the same as well as employ it in this business world. ...Download file to see next pagesRead More