Statistics in Business
Purpose of Assignment
The purpose of this assignment is to introduce students to the basic concepts in statistics and understand the terminology before the start of the class.
Assignment Steps
Resources:Statistical Techniques in Business and EconomicsCh. 1.
Referto Ch. 1 ofStatistical Techniques in Business and Economicsandaddressthe following in 1050 words:INTRODUCTION & CONCLUSION REQUIRED!! NO PLAGIARISM!
Describe the role and purpose of statistics.
Explain the primary types of statistics.
Contrast a population and a sample.
Compare the difference between a qualitative and quantitative variable. Provide one example of each.
Describe the four different levels of measurements. Give one example of each.
Formatyour paper consistent with APA guidelines.