Statistics: An Intrinsic Part Of Daily Life

Author(s)	Ms. Thushara Mathew
Country	India
Abstract	Statistics play an intrinsic and contemporary role in our daily life activities, especially in today’s data-driven world. It is the science of collecting, summarizing, presenting and interpreting data, statistics helps us understand the world a little bit better through numbers as well as other quantitative and qualitative forms of information. There are many uses of statistics in our daily life. In this article I try to elaborate the frequent use of statistics in our day-to-day life. Known and knowingly we use statistics in each and every step of life. Consider the daily forecasted weathers, lending risks at banks, impacts of economy crises, healthcare, Education field, Business, Insurance, financial policies, Cryptocurrency, Sports, traffic flow operations, investment payoffs, urban planning with respect to population growths and declines, predicting diseases, stock markets, human psychology behaviors, and political election results etc. are some of the applications of statistics
Keywords	Statistics, Data Analysis, Real world applications, Data interpretation
Field	Mathematics > Statistics
Published In	Volume 7, Issue 5, September-October 2025
Published On	2025-09-02
DOI	https://doi.org/10.36948/ijfmr.2025.v07i05.55070

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