It depends on the specific field and type of decisions being made. In some cases, a basic understanding of statistics may be sufficient, while in others, a more advanced understanding of calculus-based statistics may be necessary.
Calc-based stats classes provide a deeper understanding of statistical concepts and the ability to apply advanced mathematical techniques to analyze and interpret data, which can greatly enhance the accuracy and effectiveness of decision making.
Some individuals may find the material challenging, and it may require a significant time commitment. Additionally, the level of math involved may not be necessary for all decision-making scenarios.
Yes, calc-based stats classes can be useful for decision making in a variety of fields, including business, economics, psychology, and more. The critical thinking and analytical skills developed in these classes can be applied to various situations and problems.
While a background in calculus may be helpful, it is not always necessary. Many universities offer introductory statistics courses that do not require a background in calculus, and the material can be learned with dedication and effort.