Question
Look for an idea you learned up to this point in statistics related to real life application. Explain, how the idea isrelated to statistics. Example:
Look for an idea you learned up to this point in statistics related to real life application. Explain, how the idea isrelated to statistics.
Example: Through statistics we can collect, analyze, and interpret data.A practical application can be used to find what tires have the best mileage.This can be divided into the categories of brand, material, and road conditions (rain, snow, dry).It can also be helpful to see if the company claims of tire life is adequate.We can use the statistical method of standard deviations to find if the company claim is close to true. We data we would need to find would be the sample mean, sample size, the hypothesized mean value, and the population standard deviation.If we can attain all the data, we can become better, safer, and smarter consumers.
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