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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 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
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