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Describe the role of statistics in business decision-making

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Reference no: EM131074148

Develop a 875-word response that addresses each of the following prompts:

Define statistics with citation and reference.

Contrast quantitative data and qualitative data with citation and reference.

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.

Reference no: EM131074148

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