{"id":25,"date":"2021-08-27T18:48:04","date_gmt":"2021-08-27T18:48:04","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/?post_type=chapter&#038;p=25"},"modified":"2022-02-08T21:38:10","modified_gmt":"2022-02-08T21:38:10","slug":"why-it-matters","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/chapter\/why-it-matters\/","title":{"raw":"Why It Matters: Describing and Summarizing Data","rendered":"Why It Matters: Describing and Summarizing Data"},"content":{"raw":"<a href=\"https:\/\/www.omnisci.com\/learn\/data-exploration\"><span style=\"background-color: #ffff00;\">Omni Sci Data Exploration - A Complete Introduction Link<\/span><\/a>\r\n\r\nWe have to make decisions all the time, but often we don't have actual data to base those decisions off of. What if we did? If we know how to take raw data, make some calculations, and then visually display that data in a meaningful way, we can make more sound data-driven decisions.\r\n\r\nBy the end of this module you will be able to answer these questions.\r\n\r\nWe would give a little more background and pose more of the questions in the activity.\r\n\r\n<img class=\"alignnone wp-image-108\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5738\/2021\/08\/29201849\/Screen-Shot-2021-08-29-at-1.18.03-PM.png\" alt=\"A person is shown holding $100 bills with the prompt: A college basketball player is skilled enough to make an NBA roster and is thinking about dropping out of college this year. It is followed by the question: From a financial perspective, would you encourage this player to drop out of college? Explain.\" width=\"847\" height=\"450\" \/>\r\n\r\n&nbsp;","rendered":"<p><a href=\"https:\/\/www.omnisci.com\/learn\/data-exploration\"><span style=\"background-color: #ffff00;\">Omni Sci Data Exploration &#8211; A Complete Introduction Link<\/span><\/a><\/p>\n<p>We have to make decisions all the time, but often we don&#8217;t have actual data to base those decisions off of. What if we did? If we know how to take raw data, make some calculations, and then visually display that data in a meaningful way, we can make more sound data-driven decisions.<\/p>\n<p>By the end of this module you will be able to answer these questions.<\/p>\n<p>We would give a little more background and pose more of the questions in the activity.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-108\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/5738\/2021\/08\/29201849\/Screen-Shot-2021-08-29-at-1.18.03-PM.png\" alt=\"A person is shown holding $100 bills with the prompt: A college basketball player is skilled enough to make an NBA roster and is thinking about dropping out of college this year. It is followed by the question: From a financial perspective, would you encourage this player to drop out of college? Explain.\" width=\"847\" height=\"450\" \/><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"author":17533,"menu_order":1,"template":"","meta":{"_candela_citation":"[]","CANDELA_OUTCOMES_GUID":"","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-25","chapter","type-chapter","status-publish","hentry"],"part":3,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/chapters\/25","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/wp\/v2\/users\/17533"}],"version-history":[{"count":8,"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/chapters\/25\/revisions"}],"predecessor-version":[{"id":2968,"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/chapters\/25\/revisions\/2968"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/parts\/3"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/chapters\/25\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/wp\/v2\/media?parent=25"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/pressbooks\/v2\/chapter-type?post=25"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/wp\/v2\/contributor?post=25"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/lumen-danacenter-statsmockup\/wp-json\/wp\/v2\/license?post=25"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}