STATISTICAL LITERACY FOR DECISION MAKING.

The statistical literacy for decision making represent one of the multiple functions for which this discipline exists and progresses. When decision makers think of a specified amount to spend to fight poverty, they first have to think about whether the program for which the money will be spent will reduce poverty in reality. Otherwise, it would be a waste of time and resources while poverty would remain the same. How do we find out if we achieved this goal? When policies aimed at certain support group / strata of population to strengthen their economic growth, increasing their prosperity, how can we judge whether they have succeeded? Economic aid is a social policy that the government applies to a certain stratum of the population below a certain level of poverty. How can we assess if this policy will be effective in helping the poor? By using theories already discovered and widely accepted, as well as official statistical data, this paper will attempt to help with the orientation of the use of statistics in decision making. [ABSTRACT FROM AUTHOR]