Week One: Statistics in Business Traci Focarino QNT/351 June 15, 2015 Dr. Prasad Yenumula Statistics in Business Statistics are used every day and everywhere. Per Lind, Marchal, and Wathen (2011), "In summary, there are at least three reasons for studying statistics: (1) data are everywhere, (2) statistical techniques are used to make many decisions that affect our lives, and (3) no matter what your career, you will make professional decisions that involve data. An understanding of statistical…
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