Reasons Statistics Are Important
Reasons Statistics Are Important
Tabatha I. Weekley
BUS500 Research Paper
SIU with Professor Morgan
“Statistics is defined as a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.” (m-w.com) Or, mathematical equations used to figure out what is happening in the world. So, why do we use statistics on a daily basis and how are they important? Statistics shape your life whether you know it or not. We use them in weather forecasts, preparations for emergencies, medical studies, genetics, disease predictions, Insurance, political campaigns, stock market, and quality testing. If you are anything like me, you check the weather every evening to figure out what you are going to prepare and wear for the next day. Forecasters use weather models, these models are built by using statistics, which compare conditions from the past with future weather patterns. While watching the weather channel you happen to notice a strip going across the television. It calls for tornado warning in your area. There are emergency teams that prepare and train on how to gear up and be ready for the occurrence of such tornado. These teams rely on statistics to point them in the direction of the occurring danger.Scientists must show a statistically valid rate of effectiveness before any drug can be prescribed to a patient. Statistics provide a sturdy base for every medical study you hear about. People suffer from diseases everyday so statistics are used to determine the chances of a child being affected by the same disease as their parent(s.) by the study of their genetic make-up. Watching the news you happened upon a broadcast about the a disease. The reporter spills off some statistics, this is to give you the watcher a better idea of your chances of being affected.
In order to get in your car and drive to the supermarket you have to make sure you have insurance on your car. If you have a mortgage on your home, you are
Tabatha I. Weekley
BUS500 Research Paper
SIU with Professor Morgan
“Statistics is defined as a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data.” (m-w.com) Or, mathematical equations used to figure out what is happening in the world. So, why do we use statistics on a daily basis and how are they important? Statistics shape your life whether you know it or not. We use them in weather forecasts, preparations for emergencies, medical studies, genetics, disease predictions, Insurance, political campaigns, stock market, and quality testing. If you are anything like me, you check the weather every evening to figure out what you are going to prepare and wear for the next day. Forecasters use weather models, these models are built by using statistics, which compare conditions from the past with future weather patterns. While watching the weather channel you happen to notice a strip going across the television. It calls for tornado warning in your area. There are emergency teams that prepare and train on how to gear up and be ready for the occurrence of such tornado. These teams rely on statistics to point them in the direction of the occurring danger.Scientists must show a statistically valid rate of effectiveness before any drug can be prescribed to a patient. Statistics provide a sturdy base for every medical study you hear about. People suffer from diseases everyday so statistics are used to determine the chances of a child being affected by the same disease as their parent(s.) by the study of their genetic make-up. Watching the news you happened upon a broadcast about the a disease. The reporter spills off some statistics, this is to give you the watcher a better idea of your chances of being affected.
In order to get in your car and drive to the supermarket you have to make sure you have insurance on your car. If you have a mortgage on your home, you are
References: Mathworksheetcenter. (n/d). 10 everyday reasons why statistics are important. Retrieved from http://www.mathworksheetscenter.com/mathtips/statsareimportant.html m-w.com. (n.d.). Statistics. Retrieved from http://www.merriam-webster.com/dictionary/statistics