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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.
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