Skip to main content

6. Traditional statistics

6. Traditional statistics

Traditional Statistics is simply the act of gathering data and searching for trends among it. It is widely used in many different ways in our society.

Medical uses could be for vaccines, as doctors can recover results information from different types of vaccine for a disease to insure safety when administering it to large amounts of people

Communication companies also use statistics to help identify faults within the network so that they can be fixed faster which in term ensures that customers will be able to regain full functionality in a shorter time

Government agencies around the world rely on statistics for a clear understanding of their countries, their businesses and their people.

Comments

Popular posts from this blog

3. Growth of Big Data

3. Growth of Big Data  Kryder's law - The idea that data storage will double almost every year (13 months), as the storage capacity increases, storage will decrease in price. https://searchstorage.techtarget.com/definition/Kryders-Law growth of data  - Data is increasing at an exponential rate, more data has been made in the past two years than ever before combined. It is estimated that by the year 2020, 1.7MB of new data will be made every second for every human on earth. Within 5 years there will be 50 billion smart connected devices on earth. also by 2020, at least 1/3 of all the world's data will pass through the cloud.  The image below contains more examples of data growth as well as a graph for visual representation https://dvmobile.io/dvmobile-blog/feeling-overwhelmed-by-a-deluge-of-iot-data-iot-data-analytics-dashboards-can-help