October 20- World Statistics Day

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World Statistics Day was first celebrated on 20th October 2010 to acknowledge the importance of reliable statistical data in making informed policy decisions. This day aims to raise awareness among governmental and non-governmental organizations about the significance of data in estimating not only economic progress but also the impact of welfare schemes at the ground level. The general theme for this day is “Celebrating the many achievements of official statistics.”

The theme for the second World Statistics Day was “Better data, better lives,” while the theme for 2020 was “Connecting the world with data we can trust,” organized under the guidance of the United Nations Statistical Commission.

The United Nations Statistical Commission, the founding entity of this day, plays a pivotal role in ensuring the best use of statistics in the modern world. Established in 1946, it is the highest body of the statistical system, bringing together Chief Statisticians from member states across the globe.

The Statistical Commission oversees the work of the United Nations Statistics Division (UNSD) and is a Functional Commission of the UN Economic and Social Council.

If we look at statistics, it involves the collection, analysis, interpretation, presentation, and organization of data. Applying statistics to large data sets gives a general overview of issues, including scientific, industrial, or social problems.

Statistics help governments around the globe make informed decisions and monitor welfare schemes aimed at improving the lives of the people. It enables governments to assess the population’s health status and formulate measures accordingly. One of the most important roles of statistics is in measuring a nation’s economic growth. It helps measure not only intra-state economic development but also allows for inter-state comparisons by devising standardized notions/scales.

However, statistics, when misused, can also be detrimental to society. For example, data segregated by religion or race for regressive policies or measures can harm social harmony. Additionally, if the data is inaccurate, it can lead to faulty conclusions and misinformed policies. There is also the risk of generalization, which can obscure existing inequalities.

In conclusion, statistics is a valuable tool for society when collected properly and used for the betterment of society.

References

By: Shervill Poonia, Intern, Roya Institute