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The Importance of Applied Statistics in Our Daily Lives

The Importance of Applied Statistics in Our Daily Lives

The Merriam-Webster dictionary defines “statistics” as “a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.” Applied statistics is therefore the application of statistics to problems across various fields. Today, applied statistics touches many things that the general public uses on a daily basis. But the field of statistics has undergone centuries of advancement – and continues to expand its impact.

To learn more, check out this infographic created by the Michigan Technological University’s Master of Science in Applied Statistics.

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