Statistics

Statistics is the part of mathematics that seeks to collect, describe, and analyze numbers. In virtually all parts of society, statistics is central to helping us see the big picture and make the right decisions.

The word statistics comes from the word “status,” which is the Latin term for “condition.” In the beginning, statistics was used to create an overview of population growth during the Roman expansion. As time went on, the field of statistics underwent a dramatic development, and has since become a sophisticated science that has spread to all corners of society. The essence of statistics has remained unchanged. The need to convert large volumes of data into knowledge and clarify the relationships between them is at least as timely today as it was when Romans were being counted.