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Page 14 - Ai Robogenius
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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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