Statistics in Business
Resources: Statistical Techniques in Business and Economics, Ch. 1.
Refer to Ch. 1 of Statistical Techniques in Business and Economics and address the following in 1,050 words:
- 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.
Format your paper consistent with APA guidelines.
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