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ID: 3351572 • Letter: R

Question

rome File Edit View History Bookmarks People Window Help D Register l Pearson Pearson eText × Create Thread-Six STK "Assignments G The Data Represe× × Secure https://mdc.blackboard.com webapps discussionboard domessage ssage?action-create&do-create;&postfirstedit; true eate Threacd m your instructor creates forum, they have the option of allowing you to start threads. Indicates a required field. ORUM DESCRIPTION An understanding of statistics is necessary in any job. The use of statistics can help provide answers to many questions. Please, post a question you think that statistics may help you answer and explain why statistics can help provide an accurate answer. Read of several of your classmates' postings. Do you agree that statistics are necessary to answer their questions? Is their question one that you would also like to have an answer to? Why or why not? Please make sure to comply with all Netiquette Guidelines listed in the Getting Started module. Grading Criteria: Directly and completely post the requested information Respond to another student's post explaining the reason for your agreement or disagreement 60 or why you think the post is important 20 Respond to two or more posts explaining the reason for your agreement or disagreement or 20 why you think the post is important Click Save Draft to save a draft of this message.Click Submit to submit the post.Ctick Cancel to quit. Cancel Save Draft 888 , 2 3 4 5 6

Explanation / Answer

Stastics is necessary for getting answers , some are follows:

Accurate , reliable and timely information is vital to effective decision making in almost every aspect of human endeavour, whether it be undertaken by individuals, community organizations, businesses or governments. It is an essential component of any effort to persuade individuals, businesses or governments to make different decisions from the ones which they might make in the absence of particular pieces of information . And it is an integral part of any attempt to hold those who make decisions accountable for the consequences of the decisions which they make.

In the absence bof accurate, reliable and timely information, people and organizations will make bad decisions. They will be unable to help or persuade others to make better decisions and no one will be able to ascertain whether the decisions made by particular individuals or organizations were the best ones that could have been made at the time.

Not all information can be summarized in numerical forms ( what are commonly called data). And data (such as weights, volumes, counts, and monetary values) cannot caputure every aspect of individual , businesses or government activity.But it is a truiam that 'what gets measured gets valued ' and that what is not or cannot be measured tends to be ignored.

Accurate , reliable and timely Stastics are similarly essential to programs aimed at alleviating poverty, deprivation and marginalisation of indigenous communities.

Finally for estimation of the stastical data we have to apply different methods in Stastics.