Statistical literacy refers to the ability to understand, interpret, and critically evaluate statistical information. This skill is essential for making informed decisions based on data, whether in everyday life, business, or scientific research. It involves recognizing how statistics can be used to represent information and understanding the potential biases or limitations in data presentation.
Being statistically literate enables individuals to assess the validity of claims made in media, such as news articles or advertisements. It also helps in understanding concepts like mean, median, and standard deviation, which are fundamental in analyzing data sets. Overall, statistical literacy empowers people to engage with data thoughtfully and responsibly.