SBS 200 Study Guide - Comprehensive Final Exam Guide - Confidence Interval, Standard Deviation, Dependent And Independent Variables

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Every day we disambiguate what we see, remember, interpret, & understand. Every time we see, or remember, or understand a problem we are vulnerable to biases. Biases can impede or improve our decision making: we want to minimize bad biases while maximizing good biases to our decision making. It is important to be aware of our own vulnerability to biases & illusions in social settings & in even the most basic daily experiences. Stats & research methods allow us to try to take into account our natural tendencies for specific kinds of biases. Power: be able to defend that your methods are better than others, leads to advancement. Literacy in language of statistics: study of stats provides opportunity for improving your computer literacy & management of databases & technical literacy. Data management: too much, states can help you simplify, too little, stats can help you fill in the blanks (smartly) Career advancement: how helpful you are to others.

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