|
Uses
of Statistical Analysis
Learn
to use background knowledge and text structure to make complex
predictions.
Probability
Probabilities are used a lot in the space program. 10 in 100
chances of landing, 1 in 5 for a mistake, that kind of thing.
Sports also use them sometimes, like during March Madness,
saying that a certain team has a 1 in 20 chance of making
it to the final four, or saying Tiger Woods has a 1 in 2 chance
of winning the masters.
Its often
misused when people use the likelyhood of something and the
improper guess is made.
Statistics
Stats
are always used in sports. Baseball for example. Batting average,
slugging percentage, ERA. It's also used in baskeball, like
the Free Throw Percentage, or Three Pointers.
A place
where it is used absolutely everyday except on the weekend
is (not school, but...) the Stock Market. Gains, losses, the
whole nine yards.
Statistics
are misused when people don't read the stats correctly and
the improper idea of the stats is created.
|
