Georgia Tech The Role of Statistics in the Modern World Discussion Question
Can you help me understand this Statistics question?
On three pages, write an essay (double-spaced) that explains the important role statistics plays in driving modern world. How does statistics help managers assess the credibility and usefulness of information? How can it help them make decisions that lead to the most optimal outcomes? Please address these questions in your essay and provide examples from your future area of expertise (e.g., finance, operations management, marketing, etc).