What is the importance of studying Statistics and Probability, especially now in the digital age, where people could freely access their mobiles for computations?
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What is the importance of studying Statistics and Probability, especially now in the digital age, where people could freely access their mobiles for computations?
The study of statistics is very important even now that we are in the digital age. Understanding data and being able to manipulate data is the basis of many developments in many industries.
Marketing companies, medical experts, business executives, etc all need data to make decisions. So, we need to study statistics and probability.