Economy, asked by msrmayankmtg123, 9 months ago

What is the significance of statistical data in design process? —Design and technology question Please help.

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Answered by Anonymous
7

A proper statistical design is crucial for making sure the data that will enter the decision making process is of sufficient quality and thus the causal inference and/or estimation will be valid. Failure to do so may lead to business losses the extent of which depend on how crucial a decision was affected.

Answered by Anonymous
37

Answer:

A proper statisical design is crucial for making sure the data that will enter the decision making process is of sufficient quantity and thus the casual inference and/or estimate with valued.failire to do so many lead to business loose the extent of which depends on how cruical a decision was affected...

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