Business Studies, asked by jack893, 5 months ago

What are the uses and abuses of Statistics in the real world? Give specific examples and provide pieces of evidence​

Answers

Answered by sardapatel40
9

Answer:

The phrase Uses and Abuses of Statistics refers to the notion that in some cases statistical results may be used as evidence to seemingly opposite these. However, most of the time, common principles of logic allow us to disambiguate the obtained statistical inference.

I hope it help you...

Answered by dharanikamadasl
2

Answer:

The study of data collection, evaluation, analysis, and conclusion methods is statistics.

Explanation:

Statistics: Statistics is a branch of mathematics that employs quantified models, representations, and summaries to analyse a set of experimental data or real-world research.

  • Statistics is a branch of mathematics that is used to organise, summarise, present, and/or analyse data, to simulate the behaviour of a population by examining samples from that population, testing hypotheses, determining relationships between variables, and making predictions based on existing data.
  • Statistics, on the other hand, can be exploited.

The following are some examples of how this usually occurs:

  • Statistical quotes from non-representative samples.
  • The psychological relevance of a variable is inflated or deflated by changes in its actual values or percentages. What if it only amounted to a 0.3 per cent increase?)
  • Using arbitrary numbers like "1/3 fewer carbohydrates" (fewer than what?)
  • Implying causal relationships between variables without supporting evidence (e.g., "Doctors suggest that taking lipotrim twice a day "may reduce" your weight by up to 30 lbs in the first 2 weeks!")
  • Using graphs to deceive the eye.
  • Creating survey questions that are likely to skew the results.

Hence, statistics are capable of providing information which might be helpful or even deceiving at times when the data provided is fake.

#SPJ3

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