What is statistics and how do see this course applied to your own world?
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What is statistics and how do see this course applied to your own world?
Statistics is a set of procedures used by social scientists to organize, summarize, and communicate information. Statistics provides a rigorous toolbox, which helps in framing the discussions about uncertainties, which arise from sample information (Calver, 2018). It’s a highly interdisciplinary field with applicability in nearly all scientific fields.
We live in an information world today, and much of the information is determined statistically. Data and statistics concepts are essential to be well-informed. This course has applied to my world by emphasizing intuition and common sense. At the same time, it demonstrates the links between statistics and the importance of looking at various social issues. Today’s modern world is characterized by the rich and growing diversity of social differences. Real research examples were provided throughout the semester that pays careful attention to dynamic interplays of race, class, socioeconomic status, and gender among other social variables. Data is used to make interpretations and to predict things such as public opinion, health, illness, customer spending, and even a presidential election. Statistics focuses on the study of customer trends between the young and the old, between men and women, from different countries. Social science research, statistical techniques, real-world applications, and substantive examples were provided to facilitate learning.
Wait! What is statistics and how do see this course applied to your own world? paper is just an example!
Events or situations do not simply occur because of only two variables that explain cause and effect, but many other variables are responsible for having some effects.
Before drugs are prescribed in the medical field, scientists must know statistically valid rates of effectiveness. When it comes to business, a successful businessperson has to be very accurate and quick in decision making. He should know what the customer wants, what to produce and in what quantities. Thus, statistics come in and help in planning production to ensure the production of appropriate quality and quantity of products using the statistical methods. Most business activities about marketing, business location, and financial resources rely on statistical information. In a nutshell, statistics holds currently holds a central position in nearly every field, including commerce, chemistry, economics, medicine, psychology and mathematics among other areas.
Reference
Calver, R. (2018). What is Statistics? Retrieved https://www.crcpress.com/go/what_is_statistics
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