According to the Congressional Coalition of Adoption Institute, adoption is a vital alternative to placing children in the care of a state institution. They offer a number of statistics concerning adoption and why it is very important for the children being adopted.
Continue ReadingThe Coalition points out that as of 2014, 397,122 children are without permanent families in the foster care system. They write that 101,666 of these children are eligible for adoption, but almost 32 percent of them will wait in the foster care system at least three years before they can be adopted. The Coalition reports that of the 23,396 young people that aged out of the foster care system in 2012, 40 percent of them have been without a home, 60 percent of them have been convicted of a crime, 50 percent of them have had issues with substance abuse and only 48 percent were employed at the time of the survey. In 2012, the Coalition points out that American families adopted over 7,000 children, but this number might be higher if states spent more than 1.3 percent of available federal funds on adoption training services and parent recruitment. According to the Coalition, adopted children are only two percent of the general population of the country but make up 11 percent of the adolescents that have been recommended for therapy.
Learn more about StatisticsStatistics are a methodology necessary in the field of statistics and are used to collect, analyze and evaluate data. Economics depends heavily on the use of statistics.
Full Answer >Accountants in various fields, including auditors, forensic accountants, controllers and risk accountants, use statistics to accomplish their professional duties. Accountants who conduct audits use samples that are statistically representative of a data base because it is almost impossible to collect all the data needed in a short period of time. Auditors typically use this method when conducting a reliability assessment to determine the accuracy of the data being audited.
Full Answer >Misleading statistics are statistics that people use to defend bad or misleading arguments, often in an unfair or deceitful way. Bad sampling, whether due to bias or skewed sample sizes, can lead to a misleading statistic.
Full Answer >The coefficient of variation is used in statistics to measure distribution. It can be found from the ratio of the standard deviation over the mean of a set of numbers to calculate both probability and frequency. When it is used in finance, the mean is considered the expected return.
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