-> Statistics is one of the crucial parts of planning. Without statistics, the plan can’t be possible.
-> Statistics is an essential part of mathematics. In other words, it is related as well as entirely depends upon mathematics.
-> Most Python developers are learning statistics to enhance their careers in Python programming.
-> Almost every branch of Economics uses statistics, i.e., consumption, production, distribution, and public finance.
-> Statistical tools of regression and correlation analysis are used in social science to isolate these factors’ effects in every tested observation.
-> Trade without statistics is pretty tough and can be overwhelming for traders. -> It helps the trades to make wise decisions in uncertain situations.
-> The research worker uses statistical methods to solve particular problems under differing conditions.