Statistics involves data, as it is the study, organization, and analytical interpretation of such information.
Data is used in every industry.
Many legal cases require an expert statistician to perform the statistical analysis to support or refute a claim.
Statistics are used in businesses as a forecasting tool by determining probabilities.
One application of statistics involves researching product liability and optimization via statistical modeling.
Statistics are also valuable in the world of computers, as cyber security programs can be designed and implemented based on various forms of electronic data.
Probalistic and statistical analysis may help determine the behavior of computer-related threats, which can be a valuable source for industries.
Statistics may be used in any fields, including:
- Social science
- Risk management
- Corporate governance
The reliability and forecasting of data can help each of these industries plan ahead and assess their current position via statistical analysis.
Because statistics have so many uses, statisticians are often licensed or certified in business, mathematics, science, economics, and other professional industries.
Statistics Expert Witnesses are helpful in lawsuits requiring the analysis of data, since determining the accuracy of information can be a vital deciding factor.
Trusted in over 30,000 cases nationwide, ForensisGroup will connect you with the best and right Statistics Expert Witness so you can focus on your case preparation and trial.