Class 9 Maths Statistics Application

Few applications of Statistics in day to day life

  1. Analyzing customer shopping data, a shopkeeper can maintain the inventory for products in demand & thus increase sale.
  2. Analyzing report card data, the principal of a school can find out which section of a given class is weaker in a particular subject & thus can take corrective action.
  3. Demography of a country helps government to design policies for the people
  4. Analyzing factory data, a factory owner can decide how much to produce so as to minimize inventory & maximize profit.
  5. Stock market, Real estate, insurance sector heavily depends on Statistics.
  6. Captain of a team decide which player to select based on past data of a player using statistics.

Statistics is used in Lab experiments to find out experimental values after multiple observations

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