Multiple Choice Question How has technology increased the need for statistical analysis? Technology has made our lives simpler in many ways. Vast amounts of data are collected, and understanding it requires statistical knowledge Computers make it easy to calculate statistical information.

The correct answer is: Vast amounts of data are collected, and understanding it requires statistical knowledge.<br /><br />Technology has significantly increased the need for statistical analysis due to the vast amounts of data that are collected in various fields such as healthcare, finance, marketing, and more. With the proliferation of data, it becomes essential to analyze and interpret it to extract meaningful insights and make informed decisions. Statistical analysis provides the tools and techniques to process, summarize, and draw conclusions from this data, making it a crucial skill in today's data-driven world.