Describe the role of statistics in business decision making


Discussion:

Statistics in Business Assement

Create a 300-word summary that addresses the following criteria:

• Define statistics.

• Identify different types and levels of statistics.

• Describe the role of statistics in business decision making.

• Provide at least three examples or problem situations in which statistics was used or could be used.

 

 

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Basic Statistics: Describe the role of statistics in business decision making
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