StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Consumer Mathmatics and Statistics - Essay Example

Cite this document
Summary
In the paper “Consumer Mathematics and Statistics” the author focuses on statistics, which plays a major role in any researches or studies. However, anyone who is doing research should be careful in using statistics for he might make some mistakes either in data collection or interpretation of its results…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER97.7% of users find it useful

Extract of sample "Consumer Mathmatics and Statistics"

That is a faulty connection. Noticeably, the use of the word “might” reduces the ability of the claim to be 100% true. For we know, using words such as “may” or “might”, does not guarantee or assure us that a result will always follow. The researcher has not established a correction connection, thus, used the statistics incorrectly, specifically implied connection mistake was committed (Statistics, nd). To address the problem, the researcher must avoid using words that would suggest a doubt to the readers.

Another misuse of statistics is called suspect samples. To illustrate this, let us consider a statement made by an author in a recent article, claiming that 71% of adults do not use sunscreen. Determining the correct sample size and correct sampling method is one of the crucial parts of doing statistics. The previous statement is quite misleading since the sample used was not declared or where did the sample has came from was not stated. If this 71% of the adults are from the North Pole, which there is no enough sunlight for nearly four months, then that would be true.

However, the conclusion would not be correct since those adults do not represent the whole number of adults in the US or in the world. Or, if the samples were from countries like Saudi Arabia, the Middle East, or regions experiencing a hot climate and direct sunlight, the results would have been different. That is, we can conclude that most adults are using sunscreen. In eliminating the mistake, the researcher should present a data or report that the readers can conclude that the samples are really representative of the population being studied, or indicate a reliable source of the information (Chu-Carroll, 2007).

In the two previous examples, implied connections and suspect samples were made (Misuses of Statistics, 2011). We have also seen that the improper use of statistics would lead to erroneous conclusions. Any imprecise connections and inaccurate data sampling or samples should be minimized or in all cases should be resolved. Particularly, in the field of medicine, drugs being sold in the market must have been thoroughly tested, and proper documentation must have been done for much of at issue are the lives of people.

Hence, in doing interpretations of statistics, the researcher should not only consider the appropriateness of the interpretation to the readers but also intricately evaluating that no misuse of statistics was made (Chu-Caroll, 2007).

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(Consumer Mathmatics and Statistics Essay Example | Topics and Well Written Essays - 500 words, n.d.)
Consumer Mathmatics and Statistics Essay Example | Topics and Well Written Essays - 500 words. https://studentshare.org/statistics/1575730-consumer-mathmatics-and-statistics
(Consumer Mathmatics and Statistics Essay Example | Topics and Well Written Essays - 500 Words)
Consumer Mathmatics and Statistics Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/statistics/1575730-consumer-mathmatics-and-statistics.
“Consumer Mathmatics and Statistics Essay Example | Topics and Well Written Essays - 500 Words”. https://studentshare.org/statistics/1575730-consumer-mathmatics-and-statistics.
  • Cited: 0 times

CHECK THESE SAMPLES OF Consumer Mathmatics and Statistics

Applied mathematics for the department of energy

Mathematics is applied and statistics is most commonly used as the department continues to enhance its policies, procedures and its entire system in general.... In most of the time, statistics is employed in this case as the basis of certain future decisions.... The use of statistics in the US Department of Energy Science-based analyses are required in the Department of Energy and at some point statistical characterizations are needed especially in their need to come up with policies in line with the complex models of their processes or the entire system....
7 Pages (1750 words) Essay

How concerns of commerce and business spur on the development of mathematics

Name Professor Course Date Concerns of Commerce and Business in Development of Mathematics The historical study of mathematics was more of an investigation about the original mathematical discoveries and ancient mathematical methods and other notations.... In the old age, before the worldwide knowledge spread, developments towards mathematics were only within very few locales (Menninger 77)....
9 Pages (2250 words) Essay

Various Situations with Misleading Statistics

The paper "Various Situations with Misleading statistics" highlights that readers fail to come across sufficient information to explain such situations.... statistics can mislead people because they fail to represent single elements in the entire population (Bluman, 2005).... This paper will consider the instances in which statistics can mislead people.... The statistics can also make readers believe that the scientific study of the choices has undergone completion (Bluman, 2005)....
3 Pages (750 words) Math Problem

Consumer's Safety Concerns when Using Smart Meters

This dissertation "consumer's Safety Concerns when Using Smart Meters" is based on studying the technology of smart meters in detail.... The research conducted would focus on studying “smart meter” as a consumer product, analyzing its issues, and identifying its benefits.... The report contains a review of the existing solutions proposed to maintain consumer's privacy and protect smart meters' data.... espite the large-scale advantages offered by the smart meters, there are primarily two issues regarding the effect of these smart meters on consumer welfare....
38 Pages (9500 words) Dissertation

Typical Misrepresentation of Statistical Facts

The objective of this paper is to elaborate upon two particular types of typical misrepresentation of statistical facts that one encounters regularly in the news media or advertisement....
3 Pages (750 words) Essay

What Is a Standard Error

Therefore the respondents' distribution on the opinion that” they should understand some real world applications of statistics, such as in marketing research in order to be properly educated” is representative of a majority of ‘strongly agrees'.... The mean respondent score lies close to the most frequent answer to the question, that the respondent strongly agrees they are learning statistics for proper education and understanding of statistical...
2 Pages (500 words) Term Paper

Descriptive Statistics, Inferential Statistics

statistics is the study of learning from data, and for measuring, communicating uncertainty and controlling, and it thereby gives the navigation significances for controlling the scientific and societal advances course.... Individuals working with statistics use statistical methods… and thinking to a broad range of social, scientific, and business endeavors in such areas as biology, economics, astronomy, education, marketing, engineering, psychology, genetics, marketing, sports, public health and many others....
4 Pages (1000 words) Admission/Application Essay

Mathematics, Science and Gender as Subject Areas

This paper "Mathematics, Science and Gender as Subject Areas" tells that mathematics and science are subject areas that experience a high level of inequality in relation to gender.... The inequality arises in terms of participation and performance.... nbsp;… This paper is designed to identify the main concerns in the selected articles, the details of the research report, the research methodologies used by the authors highlighting the possible strengths and weaknesses, and the implications as well as the recommendations to the teaching and learning fraternity....
7 Pages (1750 words) Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us