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Dec 11, 2017 · Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions. Statistics allows you to understand a subject much more deeply. In this post, I cover two main reasons why studying the field of statistics is crucial in modern society.
- To Use Descriptive Statistics to Understand the World. Descriptive statistics are used to describe a chunk of raw data. There are three main types of descriptive statistics
- To Be Wary of Misleading Charts. There are more charts being generated in journals, news outlets, online articles, and magazines than ever before.
- To Be Wary of Confounding Variables. One important concept that you’ll learn about in statistics is the concept of confounding variables. These are variables that are unaccounted for and can confound the results of an experiment and lead to unreliable findings.
- To Make Better Decisions Using Probability. One of the most important sub-fields of statistics is probability. This is the field that studies how likely events are to happen.
Mar 7, 2024 · We seek to gain insights into how deliberate or not the use of statistics is, including whether people realise they are using it at the time, and whether they actively seek out these statistics...
Nov 16, 2011 · “Data are a huge resource, but statisticians are needed to help people make sense of the information gathered.” Today’s new breed of statisticians are sleuths who use modern analytics to find patterns in vast oceans of information.
Jul 27, 2023 · Statistics can illuminate the world in a way that our personal experiences and the news media can’t. This is why we, at Our World in Data, rely on global statistics to understand how the world is changing.
Jun 4, 2020 · What does statistics have to offer science and society, in this age of massive data, machine learning algorithms, and multiple online sources of tools for data analysis? I recall a few situations where statistics made a real difference and reinforced the impact of our discipline on society.
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Nov 2, 2023 · In this article, we discuss the importance of statistics in everyday life, covering its types, ethics, and applications in various sectors. The aim is to empower individuals with the knowledge needed for informed decision-making.
