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In the fourth component of the AI & data literacy educational framework, we focus on Prediction and Statistics capabilities. Being prediction and statistics savvy involves leveraging patterns, trends, and relationships uncovered in the organization’s vast data troves to make predictions about what is likely to happen that power more accurate, precision decisions.

Probabilities support the predictions that we make as part of our everyday lives. We watch the news for predictions about tomorrow’s weather. We use GPS to predict how long driving to the movie theater will take. We read columns from sports experts who provide predictions about whether your favorite sports team will win (and will they cover). And it is from the foundation of statistics that we determine the probabilities that help us predict what is likely to happen.Having a solid grasp of statistics goes beyond mere theoretical knowledge...