Writing Assignment

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Description

Every day, we are bombarded with statistics. Turn on a radio, television, or your computer and within five minutes of hearing or viewing a news story, you will be given some statistics about probability. It might be a story about health and the fact that 39,600 women will die from breast cancer in 2013, or that 35.8% of males between the ages of 65 and 74 will be diagnosed with prostate cancer. The news may be more uplifting, such as a certain technology product received a 94% approval rating, or that 56% of this year’s college graduates found jobs in their area of study within six months of graduation.

The fact is that numbers are very much a part of our lives. They convey all sorts of things, such as frequency, odds, probability, and a host of other variables that help us decide. Every time you click on your Facebook account, numbers in the background are recording where you go and what you see so that the aggregate of your experiences can be quantified. Why? So decision-makers can make more informed decisions about whatever it is they are exploring.

Assignment:

Explore any statistics you want. Using the Internet as your primary medium for collecting information, gather statistics about one of your favorite activities. It may be your social media account; it may be your favorite diet program; it may be your interest in demographics; it may even be your interest in your family tree; or how many other people watch your favorite television show.

Once you have gathered the statistics, identify the stakeholders, their possible interest in the statistics, and at least three key decisions they must make from the data. Defend your position with a rational explanation. The purpose of this assignment is to get you to think about the role that gathering numbers plays in our decision-making rationales and whether it is the “little stuff” or the “big stuff” in our lives.

The paper must be in APA format and include a cover page, abstract, discussion, conclusion, and references. Your paper should go beyond the obvious, be written at a graduate level, and must be at least 1,700 words in length. You must use at least three resources to support your position. Remember, all resources including, but not limited to, journals, magazines, and/or books must be properly cited using APA style.

Reference

Broder, J. F., & Tucker, E. (2012). Risk analysis and the security survey (4th ed.). Waltham, MA: Butterworth-Heinemann.

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Explanation & Answer

Attached is the answer to your question, thank you.

Running head: STATISTICS AND DECISION-MAKING

Statistics and Decision-Making
Institution
Date

1

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STATISTICS AND DECISION-MAKING
Abstract
A lot of technological dynamism is being experienced in the world today. Diverse facets of life
have incorporated the use of technology making it difficult for one to distinguish between
people’s daily lives and technological activities. Communication precisely has significantly
evolved over the centuries due to technological advancements that have changed how people
access information and keep in touch. With the diverse social media platforms for
communication, such as Facebook, WhatsApp, and Twitter, the world has merely been reduced
to a small village. People easily access information from all over the world as events unfold in
real time. Facebook, for instance, has revolutionized communication and other aspects of
people’s lives. It converges people from all over the globe in one platform where they can
interact, share pictures and videos.
Due to its popularity and the ability to reach vast numbers of people globally, diverse
stakeholders such as entrepreneurs, politicians use Facebook as an instrument to promote their
ambitious agendas. As a result, different statistics pertaining diverse aspects of life emerge on

Facebook. The statistics are designed in a way to change people’s perspective on various aspects
of life and to influence their decision making in favor of the stakeholders. Facebook
encompasses diverse people from around the globe who possess different opinions and
preferences on various issues. However, people tend to rely on their friend's views, and
Facebook is a platform where friends interact. It becomes the best platform for stakeholders to
promote their products and services, philosophical notions and political ambitions. This expose
seeks to assess the impact of Facebook statistics in decision-making (Treadaway, C., & Smith,
2012).

STATISTICS AND DECISION-MAKING

3

Discussion
Facebook is depicted as the largest social network platform in the world, and it has
approximately 2 billion active monthly active users who are equated to more than a third of the
world’s entire population. With around 1 billion daily active users, the popularity of Facebook
globally is overwhelming. Facebook was founded in 1994 by Mark Zuckerberg with the help of a
few friends. 29.7% of Facebook users are ...


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