Statistics as a

Tool in
Decision-Making
 Statistics is defined as a
science that studies data
to be able to make a
decision.
Statistics enable us to:
• characterize persons, objects, situations,
and phenomena;
• explain relationships among variables;
• formulate objective assessments and
comparisons; and, more importantly
• make evidence-based decisions and
predictions.
 “Statistics” actually
Trivia comes from the word
“state”— because
governments have been
involved in the statistical
activities, especially the
conduct of censuses
either for military or
taxation purposes.
 Statistics as a
Tool in
Decision-Making
Statistical Process
in Solving
a Problem
• Planning or designing the
collection of data to answer statistical
questions in a way that maximizes
information content and minimizes
bias;
• Collecting the data as required in
the plan;
• Verifying the quality of the
data after they were collected;
• Summarizing the information
extracted from the data; and
• Examining the summary
statistics to get meaningful
insight/s.
Statistical Process
in Solving
a Problem
 Group
Activity 2