The Quantitative Analysis Approach [WLO: 1] [CLO: 1]
For this discussion, begin by reviewing the technique of quantitative analysis in your textbook. Then, keeping this technique in mind, read the following quotes:
“Data do not give up their secrets easily. They must be tortured to confess.”—Jeff Hopper, Bell Labs
“Statistics is a body of methods for learning from experience.”—Lincoln Moses
“The time may not be very remote when it will be understood that for complete initiation as an efficient citizen of one of the new great complex worldwide states that are now developing, it is as necessary to be able to compute, to think in averages and maxima and minima, as it is now to be able to read and write.”—H.G. Wells
“The coming century is surely the century of data.”—David Donoho (2000)
“Another mistaken notion connected with the law of large numbers is the idea that an event is more or less likely to occur because it has or has not happened recently. The idea that the odds of an event with a fixed probability increase or decrease depending on recent occurrences of the event is called the gambler’s fallacy. For example, if Kerrich landed, say, 44 heads in the first 100 tosses, the coin would not develop a bias towards the tails in order to catch up! That’s what is at the root of such ideas as ‘her luck has run out’ and ‘he is due.’ That does not happen. For what it’s worth, a good streak doesn’t jinx you, and a bad one, unfortunately, does not mean better luck is in store.”―Leonard Mlodinow, The Drunkard’s Walk: How Randomness Rules Our Lives
“A certain elementary training in statistical method is becoming as necessary for everyone living in this world of today as reading and writing.”―H.G. Wells, World Brain
“The non-scientist in the street probably has a clearer notion of physics, chemistry and biology than of statistics, regarding statisticians as numerical philatelists, mere collector of numbers.”―Stephen Senn, Dicing with Death: Chance, Risk and Health
Quotes retrieved from www.goodreads.com/quotes/search?utf8=%E2%9C%93&q=statistics&commit=Search (Links to an external site.)
Based on the above quotes, along with this week’s assigned readings and Instructor Guidance, discuss why quantitative analysis is important for describing data sets and presenting distribution information.
They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more