1. Please give an example of how statistical methods are used in your workplace.

    0

    1. Please give an example of how statistical methods are used in your workplace. How are decisions made using data in this example?2. It is stated that The average income of a member of the Yale Class of 83 is $274111. This comes from a survey in which Yale grads were asked at a 20 year reunion to list their income. This statistic is being used to show that a Yale education will lead to riches. Find at least one criticism of this statement.3. Take a look at article (link below) concerning the oil spillthat wasdamaging the gulf coast and asks: Is it really worth it to set up provisions against something highly improbable? This is related to some of the topics of probability we will be covering in here. http://www.slate.com/id/2251130/>http://www.slate.com/id/2251130/Answer question below:3a. Do we really need to take steps to ensure that things highly unlikely to occur are prevented? 3b. What do you think?

                                                                                                                                      Order Now