SENATE BILL: Education for the Future Bill 2013 (Law'd)

[tmthforu94]

Proposing my first amendment:

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[Southern Senator North Carolina Yankee]

Amendment 57:52 has been adopted.

[Southern Senator North Carolina Yankee]

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Sponsor Feedback: None Given
Status: Vote tomorrow evening if none is given.

[Southern Senator North Carolina Yankee]

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Sponsor Feedback: None Given
Status: A vote is now open on the above amendment, Senators please vote Aye, Nay or Abstain.

[tmthforu94]

Aye!

[Southern Senator North Carolina Yankee]

AYE

[TNF]

Nay

[Maxwell]

Nay

[TJ in Oregon]

Aye

[bore]

Nay

[Southern Senator North Carolina Yankee]

This vote is tied at present.

[President Tyrion]

Aye

[President Tyrion]

For after this vote:

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[President Tyrion]

For after this vote:

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Aye

[PPT Spiral]

Nay

[Southern Senator North Carolina Yankee]

3-4 at present with Gass, Nappy and Xahar not voting.


This ends tomorrow I think.

[Gass3268]

Nay

[Southern Senator North Carolina Yankee]

3-5 with Xahar and NAppy not voting. Ends in about two hours I think.

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Sponsor Feedback: None
Status: Can be Voted on in about thirteen hours if no feedback is given.

[tmthforu94]

Can statistics not be considered part of mathematics?

[TNF]

I'm not sure what use the average person has for statistics, to be quite frank.

[President Tyrion]

Can statistics not be considered part of mathematics?

No, it's a skill set, not a tool, really. Math is merely a tool to understand statistics.

I'm not sure what use the average person has for statistics, to be quite frank.

This is something I feel very strongly about. Americans in general haven't the slightest clue about statistics, and it is taught completely wrong at the high school level. Understanding statistics is about understanding how to ask questions which don't lead to an answer, understanding what constitutes a large enough sample upon which to base decisions, and understanding random variance. All three of those skills are incredibly important.

Statistics is an important corollary to personal finance; it's about understanding risk, reward, and expected value. Understanding the bell curve is especially important in one's employment life. I honestly think that a knowledge of statistics can make up for a lack of knowledge in other areas, as well. Those are all generalizations, and I can go into detail if you want.

[tmthforu94]

I am going to respectfully object, in part because I know Statistics was considered part of mathematics in my school and state and also because I don't necessarily think it should be a required class. Sorry

[PPT Spiral]

I'm in support of Tyrion's amendment. I'd actually wager that statistics would have more relevancy to the average person than something like calculus, because it's very versatile in what can be measured. You don't just have to be a mathematician or be in business to utilize it--anything from political science to psychology requires good knowledge of statistics to be proficient in the fields, since it's all about collecting data and properly categorizing it.

[President Tyrion]

I am going to respectfully object, in part because I know Statistics was considered part of mathematics in my school and state and also because I don't necessarily think it should be a required class. Sorry

Well, statistics isn't mathematics, to me.

Understanding the law of large numbers, random chance, expected value, probability, averages, the gambler's fallacy, and regression are incredibly important to the layperson. It's an immediate need when you're trying to make decisions. When you're gambling, for example, most people don't really understand that the house always wins long term. Your highest per play variance is always at the beginning. Yet people keep playing.

When you're watching a baseball game, you think someone is "due." A certain outcome is "due" to happen because it hasn't for so long. In other words, the gambler's fallacy.

Insurance is an expected value question. What are the risks of paying out of pocket as opposed to paying a premium? Do people realize that insurance has negative real expected value, and is purchased not for surplus value, but for short-scale risk mitigation?

[Maxwell]

I think I back Spiral and Tyrion on this (though I don't agree with Spiral on Calculus, but that's because I'm a former Math Major), Stat is something that is pretty important to your future, and an earlier start, the better.