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Statistical Data


                  AI examines large sets of numbers or data, identifies
                  patterns,  and aids in making informed decisions.
                  Statistical data are used in everyday life for decision-

                  making, predictions, and understanding trends. From
                  weather  forecasting to sports analytics,  statistics
                  provide valuable insights into various aspects of our

                  lives. It can help us with budgeting by analysing our
                  past spending habits.

                  Applications of Statistical Data

                  Statistical data can be used for the following applications:


                  Online shopping

                  AI is used in product recommendations on e-commerce platforms
                  like Amazon or Flipkart. These recommendations are  based on
                  users' browsing and purchase  history. By analysing this data,

                  AI can predict what other products a user may be interested in,
                  enhancing the shopping experience.




                                                Banking and finance

                                                AI plays a critical role in fraud detection by monitoring transactions
                                                in real-time. Suspicious activities or anomalies trigger fraud
                                                alerts, helping prevent unauthorised transactions and financial

                                                losses.






                  Health monitoring
                  AI is also used in fitness apps (like Fitbit or Apple Health) that track
                  users' steps, heart rate, and other health metrics. These apps use

                  AI to analyse the data and provide personalised health insights,
                  helping users monitor their fitness levels and make healthier
                  decisions.








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