Grand Canyon University Descriptive Statistics and Statistical Tests Discussion

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Descriptive statistics and statistical tests can help analysts to identify problems with their data and/or their analysis. However, professional judgment is essential, once problems have been identified, to identify and apply the most appropriate solution. For example, statistical tests can help to identify outlying observation, but it is up to the analyst to decide how to treat those observations in their work. As another example, measures of central tendency, such as mean the median, can sometimes be misleading, but it is up to the analyst to decide when these measures misrepresent data patterns and what alternative measures are appropriate for describing the data patterns in a specific context. Discuss three considerations analysts should keep in mind as they apply professional judgment in their work. For example, are there circumstances under which professional judgment must be disclosed to stakeholders versus others where such disclosure is not necessary? Provide specific examples to support your position.