Statistics, probability and averages are commonly used by the media and in the news. It can be helpful to spot when data may be presented in a way that is potentially misleading.
Probability is simply how likely something is to happen. Whenever we’re unsure about the outcome of an event, we can talk about the probabilities of certain outcomes — how likely they are. The analysis of events governed by probability is called statistics.
Statistics involves the collection, description, analysis, and inference of conclusions from quantitative data.
Data is information such as facts and numbers used to analyse something or make decisions.
The topic includes:
Some of the skills associated with data, statistics and probability are:
Here are some of the careers and job roles that use data, statistics and probability and the associated skills: