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List 10 Important of statistics to individual

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Answer:

The 10 importance of statistics to individuals are:

1. It is important for the weather forecast.

2. the researchers need to collect the data.

3. It is important in a financial market.

4. It plays a great role in the medical field.

5. Statistical concepts are used in quality testing.

6. Statistics data allow us to collect information around the world

7. News reporter predicts the winner for elections based on political campaigns. Here statistics play a strong part in who will be your governments

8. It keeps us informed about, what is happening in the world around us.

9. Based on an individual application some businesses use statistical models to calculate the risk of giving insurance.

10. It helps in the proper and efficient planning of a statistical inquiry in any field of study.

Hope this helps you!

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