Identify the types of descriptive statistics (numerical measures) that might be best for summarizing the data, if you were to collect a sample.

/in /by

The purpose of this assignment is for students to build upon the problem or opportunity identified in Part 1 in Week 3. In this part, students will identify the appropriate numerical and graphical techniques of descriptive statistics learned in Weeks 2 and 3 and apply them to further studying their problem or the opportunity. Additionally, students will gain experience in using basic concepts of probability to their research.

Assignment Steps

Use the same business problem/opportunity and research variable you wrote about in Week 3.

Save your time - order a paper!

Get your paper written from scratch within the tight deadline. Our service is a reliable solution to all your troubles. Place an order on any task and we will take care of it. You won’t have to worry about the quality and deadlines

Order Paper Now

Note: Do not actually collect any data; think hypothetically.

Develop an analysis of 1,050 words in which you:

  • Identify the types of descriptive statistics (numerical measures) that might be best for summarizing the data, if you were to collect a sample.
  • Identify the types of descriptive statistics (graphical measures) that might be best for summarizing the data, if you were to collect a sample.
  • Analyze the role probability (for example, expected values or finding the probability of incurring a loss, etc.) might play in helping address the business problem.

Format your paper consistent with APA guidelines.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"