Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In May 2017. The Economist published an article titled, The World's Most Valuable Resource Is No Longer Oil. But Data. Whether or not data is,

image text in transcribed
"In May 2017. The Economist published an article titled, "The World's Most Valuable Resource Is No Longer Oil. But Data." Whether or not data is, in fact. the world's mostvaluable resource. there is no doubt that data plays an ever-increasing. important role in society. As a result. no matter your career path or wall: of life, having an understanding of the basic concepts of statistics, data, and sampling is not only beneficial but also in many cases. a necessity. In addition to understanding the basics of statistics, being well-versed in the ethics of statistics is vital to the carrying out of statistical studies and to the reporting of results in order to ensure the validity ofthe results." Instructions 1. Think back on what you have learned about statistics over the course. Additionally, refer to Part 2 of the Real Estate Evaluation Project, where you shared your understanding of the tension between the pressure to cherry-pick data to support an existing desired outcome and employing proper statistical techniques to determine an outcome that is in line with ethical statistical practices and a Christian worldview. 2. As a consumer of statistical information, what are some questions that you might ask to determine the validity ofthe data being presented? 3. When statistical data is misused or unethically represented, what challenges does this present to society as a whole? 4. Submit your assignment before the deadline. Requirements 0 Word Count: 150-250 words . APA Formatting o Citation Requirements: minimum of'l Before you submit a file... i Check your document for spelling and grammatical errors. o Refer to your course syllabus [opens in new window} for details on grading criteria and the university's late work policy

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Linear Algebra With Applications

Authors: W. Keith Nicholson

7th Edition

978-0070985100, 70985103

More Books

Students also viewed these Mathematics questions

Question

=+b. What is the ROI for this investment?

Answered: 1 week ago