Statistical Thinking for Data-Driven Decision Making
Statistical Thinking for Data-Driven Decision Making Statistical thinking helps turn data into reliable guidance. It is not a magic formula, but a way to frame questions, assess evidence, and act with clarity. It starts with a clear goal and an honest view of what the data can and cannot tell us. Key ideas include variability, sampling, uncertainty, and evidence. Variability means data differ from one observation to another. Sampling reminds us that a subset can reflect a whole group, if done carefully. Uncertainty reminds us to attach a level of doubt to our estimates. Evidence is what remains when we compare outcomes and look at both signal and noise. ...