According to an article from the Wharton School at the University of Pennsylvania, one way statistics are misused is when businesses infer false information from data gained during the course of their business, creating errors that cost time and money. Errors like this arise when an entity performs statistical research but fails to address all the components involved in the subject they are researching.Know More
The misuse of statistics can be accidental or purposeful. Those with malicious intent sometimes misuse statistics in order to mislead their audience about a subject, a tactic that creates vast social issues and misunderstandings that last for years.
Misusing statistics is a broader problem than being a tool for the malicious. Scientists and other individuals that rely heavily on analysis and research often find themselves fooled by misused statistics. This creates errors in their experiments or other works, and leads to problems both minor and major.
Statistics are sometimes cherry picked for positive results, creating a false image of the final product. A survey that creates biased opinions about a given subject produces negative results. Other times, if negative results are treated as inconclusive, unless specific reasons are given then the statistics are skewed to seem positive.Learn more in Statistics
Experts use statistics to understand large and complex sets of data. Statistics are also helpful with surveys, which legislators use to affect policy. Knowing how statistics work is important for fully understanding news reports.Full Answer >
Advanced Placement, or AP, Statistics is an accelerated high school course involving the collection, analysis and interpretation of mathematical data. This non-calculus-based course challenges students to develop theories and draw conclusions by identifying trends and divergences in data patterns. The curriculum typically requires students to design mock studies and surveys.Full Answer >
Statistics allow people to analyze surveys, experiments and other data, but they are easy to misrepresent or to use to mislead others. Statistical data is essential to the scientific method. It also helps companies, governments and other entities make decisions.Full Answer >
Statistics is the study of numerical information, which is called data. People use statistics as tools to understand information. Learning to understand statistics helps a person react intelligently to statistical claims. Statistics are used in the fields of business, math, economics, accounting, banking, government, astronomy, and the natural and social sciences.Full Answer >