METHODS OF RESEARCH
BASICFUNDAMENTAL RESEARCH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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So we can be better at math.
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To develop critical thinking and analytical skills.
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You may be expected to read, interpret, and conduct statistical methods if you pursue a degree in social sciences.
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To act as an informed consumer.
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Detailed explanation-1: -To summarize, the five reasons to study statistics are to be able to effectively conduct research, to be able to read and evaluate journal articles, to further develop critical thinking and analytic skills, to act a an informed consumer, and to know when you need to hire outside statistical help.
Detailed explanation-2: -Statistical information is used to communicate information and sometimes influence others. Understanding the flood of statistical information allows adults to make more informed decisions. Graphs, tables, and statistics make data easier to understand.
Detailed explanation-3: -Individuals use statistics to make decisions in financial planning and budgeting, while organizations are guided by statistics in financial policy decisions. Banks use statistics to lower risk in lending operations, analyze activity in the financial market, and predict the impact of economic crises.