Solution-Statistics for managers class

Statistics for managers class

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Reference no: EM131061321

Statistics for Managers class:

Many people do not "like" or "trust" single point estimates for things they need measured. Looking back at the data examples you have provided in the previous discussion questions on this issue, how might adding confidence intervals help managers accept the results better? Why?

Ask a manager in your organization if they would prefer a single point estimate or a range for important measures, and why? Please share what they say.

Reference no: EM131061321

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Statistics for managers class

Reference no: EM131061321

Reference no: EM131061321

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