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In: Statistics and Probability

Statistics has an important role in the analysis of data. However, some claim that the more...

Statistics has an important role in the analysis of data. However, some claim that the more important role of statistics is in the design stage when one decides how to collect the data. Good design may improve the chances that the eventual inference of the data will lead to a meaningful and trustworthy conclusion. In many situations different types of measurements can be used in order to investigate a scientific problem. Frequently, one may chose between a more accurate but more expensive method of measurement and between a cheaper and less accurate one. For a given budget, choosing to use the first method means that less measurements will be collected. Some say that the quantity of data that is collected is most important. Other say that the quality of the data is more important than the quantity. What is your opinion?

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orchestra answered 1 year ago
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