Well, as it goes, Statistics has its Midas touch on almost all the fields of life. Take Medical Science –you need Stats research to know the good and bad aspects of a new drug. Take Social Sciences-you do research through Statistical measures to gauge social behavior. Politics or Biology, Economic surveys and business predictions, insurance policies and banking sectors-all depend upon Statistical analysis for their growth and well being. So, learning Stats goes beyond the boundaries of academics and you prove wiser in the society, if you have some basic ideas about Statistics concepts and use them to predict better environment for you and your neighborhood.
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