Tuesday, 20 October 2020

History and growth of statistics:

History and growth of statistics:

                        * Statistics is not a subject but as old as human civilization itself.

                         * It is the traditional function of the government to keep the records of population, birth, death, income, expenditure, etc.

                          * The word statistics is taken from Latin and this science is said to have originated from two main sources mainly:

                                        * Government records.
                                        * Mathematics.

                          * In earlier years government has recorded many data for government purpose.

                          * Statistics is considered as the branch of applied mathematics.
             
                          * The present statistical methods is based on mathematical theory.

                           * Statistics developed many fields that are presented in many industries.

                           * Statistics is considered as the important tool for making decisions.

     Definition:
               * According to Bowley statistics is, "A numerical statement or facts in any department of inquiry placed in relation to each other".


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