What are the reasons why you should learn statistics? Do you think that learning statistics will help you earn more money and become a more informed citizen? Discuss.
What are the reasons why you should learn statistics? Do you think that learning statistics will help you earn more money and become a more informed citizen? Discuss.
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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What are the reasons why you should learn statistics? Do you think that learning statistics will help you earn more money and become a more informed citizen? Discuss.
Expert Solution
Step 1
There are few reasons you should learn statistics -
1. The first reason would be you effectively conduct research. Without the use of statistics it would be very difficult to make decisions based on data collected from a research project.
2. The second reason would be you will understand the business statistics and census if you know statistics how to interpret and all.
3. Many of the industries or sectors uses statistics where you can apply your theory knowledge in practical manner.
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