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True/False: quality of decision making cannot be improved even with statistical training

User Simons
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Final answer:

The assertion that decision-making quality cannot be improved with statistical training is false. Statistical education enhances an individual's ability to interpret data, avoid biases, and assess risks, thereby improving decision-making processes.

Step-by-step explanation:

The statement "quality of decision making cannot be improved even with statistical training" is false. Statistical training can significantly improve the quality of decision making. For example, understanding statistical concepts can help individuals make informed judgments by interpreting data correctly, avoiding biases, and assessing risks.

Specifically, decision-makers can use statistical analyses to predict outcomes, test hypotheses, and validate the effectiveness of decisions already made. As a result, statistical training is valuable for improving the quality of decisions in various fields, from business to healthcare.

User Justin Stenning
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