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6 answers

Well 70% of statistics are made up!

I think it depends, obviously companies need them for forecasts etc, but really I think some people just like looking at stats, I know I do but couldn't really tell you why, perhaps looking for patterns for anomalies in life. But on the whole, apart from maybe business and science areas, stats aren't that important for everyday life,

2006-08-08 22:21:09 · answer #1 · answered by fletcheyc 2 · 0 0

Depends on your day-to-day activities. If you're an engineer or scientist then statistics are very important. I work with statistics or statistical arguments almost every day.

Also, statistics that are from a reliable source can help you improve your quality of life. I.e. smoking is not a good idea, diets high in saturated fat are bad for you, excercise is good for you etc.

2006-08-09 08:40:45 · answer #2 · answered by NordicGuru 3 · 0 0

Statistics assume connections between factors. These may or may not be relevant. The background to them must also be considered. For instance, there was a statistic that said that you were more likely to have a collision in a silver car than any other colour. But then, there are more silver cars anyway, so the statistic does not make sense.

You could also do statistics such as who is more likely to marry depending on analysis of hair colour, eye colour, height and so on. These results would suggest connections that are not, in fact, there.

76% of all statsistics are mad up on the spur of the moment anyway (including this one)

2006-08-09 05:43:42 · answer #3 · answered by waycyber 6 · 0 0

Very important. By benchmarking your current skill-set (in/at anything) you are then able to see how far you have progressed at a later date. Not only does this build self confidence but it can also be very useful in terms of appraisals by your employer. You can justify a pay-rise as you can prove you are progressing.

2006-08-09 05:20:44 · answer #4 · answered by Pete Sweet 3 · 0 0

everywhere is statistic....

so whatever we do, we will use statistics, such as business, economic, social science etc

2006-08-10 04:26:38 · answer #5 · answered by via 1 · 0 0

you'll be considered competent and reliable.

2006-08-09 06:55:14 · answer #6 · answered by solata 1 · 0 0

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