World Statistics Day is held every five years on October 20th. The day celebrates the achievements of the Fundamental Principles of Official Statistics.
Statistics involves the collection, analyzing, and interpreting large amounts of numerical data. Statistics are vital. This field of mathematics allows scientists to make new discoveries. It helps industries make safer products. Pharmacists develop more effective medications when using statistics. When predicting the weather, meteorologists rely on statistics to be accurate. Even investors make better financial decisions thanks to statistics.
Virtually every industry in the world benefits from statistical research and data. Individuals also use statistics for a variety of reasons. Statistics help to prove facts and make important decisions. Statistics also play an essential role in tracking trends and finding patterns.
For all these reasons, statistics deserve a celebration.
World Statistics Day History
The United Nations Statistical Commission was established in 1947. This commission brings together the Chief Statisticians from member states around the world. The primary function of the Statistical Commission is to set statistical standards. Additionally, the commission develops statistical concepts and methods at the national and international levels. In 1994 the Statistical Commission adopted the Fundamental Principles of Official Statistics.
On October 20, 2010, the Statistical Commission proposed to celebrate the first World Statistics Day. In 2012, it was decided the celebration would be observed every five years.
