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December 10, 2012 by Joey Blue Leave a Comment

Where are Statistics Used?

Video: Statistics, Big Data, and the Year 2013


How do statistics and big data effect everything you touch and consume?  This video is a good overview of where companies and government use statistics.

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Big Data has been in the limelight for a while now.  Venture capitalist are throwing their money at it.  Large corporations are rolling it into their marketing mix.

But, statistical analysis is the vehicle that turns all of that data into information.

Where are statistics used?

All over the world statistics people use to squeeze out efficiencies and to discover new markets and products.

  • Manufacturing
  • Keep Children Healthy
  • Optimize Communication Networks
  • Reduce Customer Churn
  • Reduce Emissions
  • Product Delivery
  • Sports Statistics
  • Government Agencies
  • Election Forecasting

This video produced by SAS for the 2013 International Year of Statistics has a good overview of how statistics have an effect on our everyday lives.

 

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