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THE ROLE OF STATISTICS
IN HUMAN LIFE
D E P A R T M E N T O F E C O N O M I C S , E N T R E P R E N E U R S H I P
A N D B U S I N E S S A D M I N I S T R A T I O N
HTTPS://ECON.BIEM.SUMDU.EDU.UA/
Statistics plays a vital role in
human life in many ways. It is
an essential tool for collecting,
analyzing, and interpreting data
that is crucial in making
decisions and solving problems
in various fields such as health,
economics, ecology, and social
issues.
In economics, statistics plays a
significant role in measuring
economic growth, forecasting future
trends, and evaluating the
effectiveness of policies. It helps
businesses and governments make
informed decisions about
investments, pricing, and resource
allocation. Statistical analysis also
helps identify economic inequalities
and disparities, enabling
policymakers to develop targeted
policies that can reduce poverty
and promote economic
development.
Statistics skills are becoming increasingly important in today's world, where we depend
on data to make decisions in various fields, from business to science and medicine.
Below are some of the most important skills related to statistics:
Understanding of basic statistical concepts: mean, median, mode,
variance, standard deviation, correlation, regression, probability,
and others. This will help you understand and interpret statistical
data.
1.
2. Understanding of basic statistical concepts:
mean, median, mode, variance, standard
deviation, correlation, regression, probability,
and others. This will help you understand and
interpret statistical data.
3. Ability to make predictions based on data: It is
important to have the ability to make predictions
based on statistical data.
4. Critical Thinking: Statistics can be used to
support any point of view, so critical thinking is
key to determining which data and analysis
methods are reliable and which may be hidden
lies.
Ad

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Трофимович Валерія.pdf

  • 1. THE ROLE OF STATISTICS IN HUMAN LIFE D E P A R T M E N T O F E C O N O M I C S , E N T R E P R E N E U R S H I P A N D B U S I N E S S A D M I N I S T R A T I O N HTTPS://ECON.BIEM.SUMDU.EDU.UA/
  • 2. Statistics plays a vital role in human life in many ways. It is an essential tool for collecting, analyzing, and interpreting data that is crucial in making decisions and solving problems in various fields such as health, economics, ecology, and social issues.
  • 3. In economics, statistics plays a significant role in measuring economic growth, forecasting future trends, and evaluating the effectiveness of policies. It helps businesses and governments make informed decisions about investments, pricing, and resource allocation. Statistical analysis also helps identify economic inequalities and disparities, enabling policymakers to develop targeted policies that can reduce poverty and promote economic development.
  • 4. Statistics skills are becoming increasingly important in today's world, where we depend on data to make decisions in various fields, from business to science and medicine. Below are some of the most important skills related to statistics: Understanding of basic statistical concepts: mean, median, mode, variance, standard deviation, correlation, regression, probability, and others. This will help you understand and interpret statistical data. 1.
  • 5. 2. Understanding of basic statistical concepts: mean, median, mode, variance, standard deviation, correlation, regression, probability, and others. This will help you understand and interpret statistical data. 3. Ability to make predictions based on data: It is important to have the ability to make predictions based on statistical data. 4. Critical Thinking: Statistics can be used to support any point of view, so critical thinking is key to determining which data and analysis methods are reliable and which may be hidden lies.