Friday, June 26, 2020
Why Understanding Statistics Matters More Than Ever
We see numbers all around us. Whether itââ¬â¢s on TV, online, or in the newspaper, our society has been flooded with random numbers and math-facts trying to prove a narrative. On any given TV channel, the commentators throw facts that try and catch your attention. ââ¬Å"In games where Tom Brady has thrown 4 or more Touchdowns, the patriots have a worse winning percentage than when he throws less than 4!â⬠. Or in the polls - ââ¬Å"Donald Trump has been given a less than 20% chance of winning the election, itââ¬â¢s over!â⬠. For any person, even people with a strong quantitative background, itââ¬â¢s hard to make proper conclusions about what these numbers really mean. Like, does this mean Brady should try and throw less Touchdowns so the patriots have a better chance of winning? Does this mean Trump needs a serious miracle to win? That we can celebrate a Clinton Victory a week in advance? â⬠¨The two prior statements are a flawed way of thinking, and sadly, are not uncommon. However, we donââ¬â¢t need to all be statistics students like myself to have a better grasp of how to deal with all this misleading information. No, Brady throwing less TDââ¬â¢s isnââ¬â¢t going to help his team win. No, a 20% chance of winning doesnââ¬â¢t mean it's over, and you shouldnââ¬â¢t act like it is. That's why studying and understanding statistics is more important than ever. Trump ended up winning the election in convincing fashion. I have had friends tell me that the stats people got it wrong, and that they said it was already over! I tell them, in baseball, the average batter gets a hit about 20% of the time. Do we also call that a miracle? We are in the era of mis information, because the people selling us the numbers donââ¬â¢t really get it either! To be able to better think from a statistical viewpoint, knowledge is power, and with a fundamental understanding of statistical thinking, society in general will better be able to make these conclusions for themselves. I always advocate students, in all levels of education, to educate themselves by taking a statistics course. These numbers arenââ¬â¢t going away any time soon, but we can prevent ourselves from falling into their trap. Are you interested in getting help on your statistics work? ;
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