1. Descriptive Statistics: In six sentences or more, explain how you would use the descriptive statistical procedure(s) at work or in your personal life.
2. Misuse of Statistics: As we will see in the next 12 weeks, statistics when used correctly can be a very powerful tool in managerial decision making.

Statistical techniques are used extensively by marketing, accounting, quality control, consumers, professional sports people, hospital administrators, educators, politicians, physicians, etc…

 

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