How important is statistics in our lives?

Answer 1

statistics are very important - the whole world is run on them - governments and business make decisions based on statistics. stats identify trends and determine new things happening, such as the stats kept on the weather from these it has been determined that global warming is becoming a stronger issue which of course affects all of our lives. Because of stats we are able to act more quickly to ensure positive results.

Answer 2

Extremely important! We live in a world of uncertainty where nothing is completely predictable - statistics is the science used to help individuals/businesses/governments make decisions in these circumstances. Statistics is so much more than numbers or demographics; statisticians have some incredibly important roles in society.

For example, statisticians design and implement safe clinical studies to discover new drugs, devices, or procedures. Next time you are sick, get a prescription, take the medicine, and get well, be sure to remember that statisticians had a role in the development of that drug.

Here are some other areas where statisticians have an important role:

government (fda, census, cdc, labor, etc.)
quality assurance (manufacturing, health care, etc.)
insurance (rate setting)
purchasing
health care
clinical trials

(please feel free to add to my list)

Answer 3

Expanding on what aeriolf said. You may not think they are important because other than taking your umbrella when the weather report says there is a 70% chance of rain, they are hidden from view.
Your car, life, and health insurance rates are all based on statistical analysis. The price you pay for chocolate, gas, bling, and a Big Mac are in large part determined by the price of their basic ingredients. Those prices are set on commodities markets where buyers and sellers try to figure out future supply and demand based on their statistical analysis of their data.

So in answer to you question, whether you see it happening or not, statistics are affect just about every thing you do.

Answer 4

It depends on what kind of individual you are. Now me for example, I could care less what the statistics say. I live my life by just being happy and not caring about what the world rates my happiness to be.

Answer 5

It depends - I don't think the use of statistics is, say, social science affects us much. But statistic is a vital mathematical tool and so is very imortant to scientific research.

Answer 6

Its averagely important.