1. Explain types of statistics. 50 words.
2. Describe differences between quantitative and qualitative data. 50 words.
3. Explain the meaning of an element, variable, observation and a data set. 50 words.
4. What is the difference between a population and sample? 50 words
5. Describe a typical value. 50 words.
6. Explain variation among the values of observations. 50 words.
7. Explain Chebyshev’s theorem as a use of the standard deviation. 50 words.
Statistics in Business
Purpose of Assignment
The purpose of this assignment is to have students demonstrate mastery of the foundational concepts that set the stage for the remainder of the course. Students apply those concepts to business research questions or problem situations to focus their thinking on statistical literacy for use in business decision-making.
Resources: Week 1 Readings; Statistics Lab
Tutorial help on Excel® and Word functions can be found on the Microsoft® Office® website. There are also additional tutorials via the web that offer support for office products.
Develop a 1,050-word response addressing each of the following prompts:
Define statistics with citation and reference.
Contrast quantitative data and qualitative data. Use two peer reviewed references.
Evaluate tables and charts used to represent quantitative and qualitative data.
Describe the levels of data measurement.
Describe the role of statistics in business decision-making.
Provide at least two business research questions, or problem situations, in which statistics was used or could be used.
Use two peer reviewed references.
Format your assignment consistent with APA guidelines.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more