When is World Statistics Day?

Friday October 20th

On October 20th, the World Statistics Day is held every five years. The day honors the accomplishments of the Fundamental Principles of Official Statistics's Fundamental Principles.

Statistics involves the collection, analyzing, and interpreting large amounts of numerical data. Statistics are extremely important. New discoveries are made in this field of mathematics. It helps companies produce safer products. Pharmacists develop more effective drugs when using statistics. Meteorologists rely on statistics to be accurate when predicting the weather. Statistics help investors make better financial decisions.

Statistical study and statistics are invaluable to virtually every industry in the world. Individuals also use statistics for a variety of reasons. Statistics help to prove facts and make informed decisions. Statistics, in addition, play a vital role in determining trends and finding patterns.

Statistics are deserving of a celebration for all these reasons.