Q & A Forum

The Importance of Statistics

The Importance of Statistics

by Khalid Bin Shahid -
Number of replies: 1

 I cover two main reasons why studying the field of statistics is crucial in modern society. First, statisticians are guides for learning from data and navigating common problems that can lead you to incorrect conclusions. Second, given the growing importance of decisions and opinions based on data, it’s crucial that you can critically assess the quality of analyses that others present to you.

  • Producing reliable data.
  • Analyzing the data appropriately.
  • Drawing reasonable conclusions.