Statistical tools are undoubtedly important in decision making. The use of these tools in everyday problems has led to a number of discoveries, conclusions and enhancement of knowledge. This ranges from direct calculations using general statistical formulas to formulas integrated in Statistical software to fasten the process of decision making.
Statistical tools for testing hypothesis, significance tests are strong but only if used correctly and in good understanding of their concepts and limitations. Some researchers have indulged into wrong usage of this tests leading to wrong conclusions.
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