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New Developments in Statistics - IntroBooks Team

New Developments in Statistics

By: IntroBooks Team

eBook | 21 November 2019

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Statistics has been derived from the Latin word 'status, an
Italian word 'statist' or a German word 'Statistic', all of which
means a 'political state'. The use of statistics has been
employed in various fields like biostatics, agriculture, economics,
sociology, business management etc.
The field of statistics is not afresh, and its beginning can be
dated back to the times of the beginning of the human
activities. However, the utilization of statistics has increased over
the years when it first began to be used. In the earlier times
statistics was referred to as the science of statecraft and was
used for collecting data related to population count in the
ruler's area, crime, mortality, income, birth rate and was also
used for keeping a track of the key events of the time for
administrative purposes. However, in the modern times, the use
of statistics has been employed in a variety of fields. Its use
has been extended in the areas of formulation and prediction
of future plans and policies of the state administration.
The word statistics is used in multiple number of ways
depending on its use. There are some instances where it is
used in plural form that reflects upon the word 'statistics' being
referred to as numerical data and statements. There are other
instances where it is used in singular form to refer to the
subject of study just like any other subject like mathematics,
economics etc.
The importance of statistics has subsequently increased over all
these passing years. It is because of the benefits that it
provides to the user. The statistical findings have made
assumption of anomalous information easy. In fact, the use of
the statistical thinking has become necessary for the citizens.

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