What are the impotance of statistis?
Answers
Explanation:
The important of statistics are as follows:-
statistics knowledge helps you use the proper method to collect the data, employ the correct analyses , and effectively present the results...Statistics is a crucial process behind how we make discoveries in science, make decisions based on data , and make prediction.....
Answer:
The Importance of Statistics
The growing demand for more and better stats has brought to the fore the fact that statistical significance is the source of national and international development strategies. Stats is now recognized worldwide as part of an enabling environment.
They are improving the capacity of government to develop appropriate policies, manage the economy and policies to transform social development, monitor the improvement of the quality of life of people and report this progress to society using strong evidence. Statistics are required by non-governmental organizations (both foreign and domestic). According to the World Bank, good statistical information is needed to manage the results, set goals and monitor results, design policies and evidence-based design policies. decisions about the allocation and management of scarce resources.