Please answer both of these discussions 1 Those persons employed in quantitative areas working with statistical procedures often enjoy higher salaries and avoid the dreadful dead-end jobs Furthermore,...


Please answer both of these discussions


1 Those persons employed in quantitative areas working with statistical procedures often enjoy higher salaries and avoid the dreadful dead-end jobs Furthermore, early in their careers they usually find themselves in closer contact with high-level management The proximity to the executive elite occurs because upper management needs the information and assistance which statistically trained people can provide In the current labor market, employers simply do to want to hire or retain the statistically illiterate


Whether your career aspirations tend toward private industry, public service with the government, or some other source of gainful livelihood, you will be much better served by your academic experience if you acquire a solid background in the fundamentals of statistical analysisDiscuss


2 Inferences (conclusion) about parameters are made under uncertainity Unless parameters (measure of population) are computed directly from the population, the statistician never knows with certainity whether the estimates or inferences made from samples are true ot not Discuss



May 16, 2022
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