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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.

Information Literacy

GAME Wordtune

Visit https://www.wordtune.com/ to write an article.
Wordtune is an AI-powered writing assistant designed to help users improve and refine
their writing. It provides suggestions for rephrasing, enhancing clarity, and improving the
overall tone and style of the content. Wordtune is useful for both casual and professional

writing, assisting with various types of written content, including emails, essays, reports,
and creative writing.

Exploring AI Domains 95