National Statistics Day: How everyday choices are data-driven

Did you know that the government designated June 29 as National Statistics Day in recognition of the contributions made by Prasanta Chandra Mahalanobis (Father of Indian Statistics) in the fields of Statistics and Economic planning on June 5, 2007? Its purpose is to increase the overall awareness of the public regarding the role and application of statistics in the socio-economic development plans as well as promote the idea of utilising statistical tools and methods to solve real-life problems.

The term ‘Statistics’ comes from the modern Latin phrase statisticum collegium; it means the collection and classification of data. The word is also referred to as Grammar of Science as coined by Karl Pearson, a British Mathematician.

According to Naresh Marwaha, HoD, Mathematics (Secondary Level) Apeejay School, Mahavir Marg, this day highlights the importance of Statistics in National Planning, Development, and Informed Decision-making. “Professor Mahalanobis introduced Mahalanobis Distance in 1936 which is a statistical formula commonly used in Chemometrics to measure the distance between a point and a distribution based on multiple dimension measurements. This means that subject is anything but boring or monotonous as some students may find,” the educator said and shared areas where Statistics comes in handy.

Perfect Advisor

Find decision-making difficult? You no longer will! Statistics helps to make informed decisions by analysing trends and drawing conclusions from the given information. From medical research to sports analysis, it is used to understand the world around us and make better decisions.

Weather Forecast

Plans are on for a picnic but worried about the weather? Fret not. There are some computer models built on statistical concepts that can predict future weather.

A business friend

Are you aiming to be an entrepreneur? Then keep statistics close to your heart because in the financial market statistics plays a great role. It is key to how traders and businessmen invest and makes money.

Election predictions

Did you know how some people can predict the winner even before the election results are out? That’s where your strong bond with statistics comes into play. A news reporter predicts the winner of elections based on political campaigns, where statistics play a strong part in deciding who will win.

Aerospace

Do you want to be a top aerospace engineer? Well, then you should know that statistics is the most important aspect of how aerospace engineering works. Airline industries use this to see how they can work together to make aerospace a better place with the help of statistics.

On this day, it may prove useful to ponder about how statistics play a role in culturally defining our social patterns and policy measures. The observance also helps people appreciate how statistics are critical in governance and inspires young people to pursue the fast-growing field. In stressing data quality and requiring particular expertise in analytics, it demands improvements in statistical approaches to foster an open and evidence-based society.

Finally, acknowledging National Statistics Day serves as a reminder of the significance of statistics in the process of development and the promotion of societal welfare.

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