Why bother with statistics? This question may cross your mind multiple times. Let me tell you two vital facts before I answer this question:
(a) More than 36 million adults in the United States can read at a third-grade level.
(a) Nearly 87 percent of adults in the United States suffer from mental illness.
The question now is, “How do I know this?” This is due to statistical factors. Various agencies conduct surveys to collect data on a regular basis.
The information gathered is examined, and the findings are derived using statistical principles. As a result, statistics play a vital role in understanding and verifying various topics.
This site not only explains why statistics are important, but it also presents interesting statistics information. I guarantee you will fall in love with numbers after reading this. So, let’s get down to business.
Let’s start with the question, “why do you select statistics?”
It has been discovered that about 21% of students despise arithmetic, and 8% of those despise statistics. The question now is not why 8% of students despise statistics, but why do students choose statistics.
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The solution to the question of why 8% of students despise statistics is straightforward. The following are some possible reasons:
- They believe statistics to be an uninteresting subject.
- The majority of students find statistics concepts and formulas to be quite difficult.
- Some of them do not take statistics seriously because they believe they are useless.
- 1% of students believe this subject will be obsolete in the future.
- A small percentage of pupils are unable to tackle sophisticated statistical issues, resulting in demotivation.
Now, there are several reasons to choose statistics:
- Students can learn useful conceptual understanding and techniques through statistics. These tools aid in the extraction of information from a batch of data.
- Given the current situation, it is reasonable to predict that statistics will be the future of many fields. That is why students are enrolling in this course of study.
- Astrostatistics, business analytics, econometrics, and other statistics are applied in the industry. As a result, studying statistics can lead to a variety of professional prospects.
- The majority of students enjoy analyzing big data in order to gain significant insights that will benefit society in the long run.
- Statistics allow students to investigate a large amount of data and generate a variety of intriguing facts and figures.
Okay, but what do you know about “what you learn in statistics”?
Statistics is a broad discipline that encompasses many valuable concepts. But, before we get into why you should study statistics, let’s look at what you’ll learn in statistics.
Some of the topics that each statistics student studies during their academic career are listed below. These are the topics:
Histograms, scatterplots, stemplots, and box plots are graphical displays.
Mean, quantiles, standard deviation, median, and variance are numerical summaries.
Plotting normal probability plots and determining normality.
Bar graphs, two-way tables, and segmented bar graphs are examples of categorical data.
Apart from that, students get expertise on issues such as:
Categorical data analysis
Compile a quantitative summary.
Investigate numerical data that is bivariate.
Compare and display quantitative data.
Data distribution modeling
Now, let’s look at some of the fascinating reasons to study statistics!!!
Take a look at what individuals have to say about statistics before getting to the reasoning.
The following are the reasons why study statistics are important.
Statistics aid in the production of accurate study findings.
Several test findings were discovered during the inquiry. As a result, determining which result was considered TRUE became rather difficult.
Statistics are crucial in this case. It is impossible to make accurate decisions based on data collection without statistics.
Furthermore, statistics provide a number of valuable tools for making informed judgments. The TRUE value of the experiment can be determined using statistical methods.
NOTE: To make appropriate research judgments, the concepts of inferential statistics and probability are used.
Reading journals is easier with statistics.
You may have observed that the majority of journals provide statistics. The “result section” of journals contains these statistics. As a result, you should study statistics since without it, the information in the result section will be worthless to you.
Basic statistical knowledge can help you improve core skills quickly. These abilities are required to read and analyze the result part of journals.
NOTE: To increase your grasp of the journal’s statistics, practice on your core abilities so that you can easily evaluate the investigated data.
Statistics can help you improve your analytical and critical thinking abilities.
Students who are in high school and about to graduate need to improve their analytical and statistical skills. Furthermore, critical thinking skills are required in a number of courses.
As a result, statistics can help pupils develop their analytical and critical thinking skills. The terms mean, median, mode, and so on are all used in statistics. These ideas aid in the analysis and comprehension of demographic data. Which can help to increase analytical thinking.
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NOTE: If you wish to excel at statistics, you should develop both creative and high-level logical thinking skills.
Statistics can assist you in being a more informed shopper.
Statistics tools, like other tools, can be utilized negatively or positively. Yes, you read that correctly. Some people conduct surveys and report the results in the opposite direction. This is an example of how statistical data is abused.
As a result, you must be familiar with statistics in order to determine whether news is false. It is easier to behave as an informed customer if you know the accuracy of the survey reports.
NOTE: Understanding some statistical concepts might help you evaluate the useful insights and data from provided datasets.
Statistics can assist you in determining when to hire a statistician.
Many of us are aware of when our vehicles should be serviced. We have conversions and thank them for correcting the damages when we take the car to the technician. But wait, do you think the statistician should be hired?
Yes, hiring a mechanic is all it takes.
Do you realize that a statistician may assist you with budgeting? They can also assist you in reducing your wasteful expenditure. Analyzing statistics data from a few prior years will help you manage your spending.
NOTE: Statisticians must have a thorough understanding of how to analyze statistical data. Alternatively, the statistician must be on the right track.