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Economics - Etymology and Milestones of Statistics in Global Level | 12th Economics : Chapter 12 : Introduction to Statistical Methods and Econometrics

Chapter: 12th Economics : Chapter 12 : Introduction to Statistical Methods and Econometrics

Etymology and Milestones of Statistics in Global Level

The term statistics originated in the West and was known by various names, such as ‘status’ in Latin, ‘statistik’ in German, ‘statisque’ in French.

Etymology and Milestones of Statistics in Global Level

The term statistics originated in the West and was known by various names, such as ‘status’ in Latin, ‘statistik’ in German, ‘statisque’ in French. It is said that Gottfried Achenwall used the word ‘statistik’ in 1749 to describe the political science of different countries. All these names in short mean to describe the political state.

The first book to have statistics as its title was ‘Contributions to vital Statistics’ by Francis GP Neison in 1845. It was to prepare a systematic study of birth and death related data.

The monumental contribution to the subject of statistics can be attributed to R.A. Fisher (1890- 1962) who was able to apply statistics to a variety of fields such as Biometry, Genetics, Psychology, Education, Agriculture and others.

Besides he is also known as the pioneer of estimation theory, analysis of variance, and design of experiments. Hence he is known as the father of Statistics.

Father of statistics

The fundamental principles of statistics were developed by the biologist, Ronald fisher who lived in England during the last century. His studies in statistics led to the synthesis of evolution and modern genetics.



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