In this slides we can learn about the meaning and definitions of Business Statistics given by some authors.

2.  Statistical tools are found useful in
progressively, increasing number of disciplines.
 In ancient times the statistics or the data
regarding the human force and the wealth are
available in their land had been collected by the
rulers.

3. Origin and growth
• The origin of the word ‘statistics’ has been
Traced to the latin word ‘status’ the latin word
‘statista’ ,the french word ‘statistique’ and the
German word ‘statistic’.
• In India , statistics population had been
collected during the rule of
Chandragupta Maurya.

4. .
• Statistics originated as statecraft and as
grown markedly . It aids individual as well as
organizations.
• In science or humanity agriculture or
industry, the use of statistics is unavoidable .
• That is why it is said ,
Statistics without other
sciences has no root and other sciences
without statistics bear no fruit .

5.  Meaning:
• The word statistics is used as in to
Different meanings . As plural word it means
data or numerical statements .
• The word statistics is also used currently as a
singular to mean data . Hence, the meaning
is to be understood from the context.

6. DEFINITION:
Definition in which the word
‘STATISTICS’ means data or numerical
statements are considered first.
Prof.Horace secrist,
By statistics we mean aggregrate
of facts affected to a marked extent by
multiplicity of causes numerically expressed
enumerated or estimated according to
reasonable standards of accuracy, collected in a
systematic.

7. • It is an exhaustive definition and gives the of
statistical data.
• Statistics are numerically expressed. Qualities
are not statistics. Proper quantities are statistics.
• It is an aggregated of facts. It is not a single
value.
• It is a set of values.

8.  “The classified facts respecting the conditions
of the people in a state…. Especially those facts
which can be stated in numbers or in tables of
numbers or in any tabular or classified
arrangement”
-Webster

9.  “Statistics are numerical statement of
facts in any department of enquiry, placed
in relation to each other “.
-Dr.A.L.BOWLEY

10. There are many more scientist who also
gave definitions to “BUSINESS STATISTICS”.
 Some of them namely,
 Yule and Kendall
 A.M.Tuttle
 Mirlen webster