1.How do we differentiate between descriptive statistics and inferential statistics? Explain with examples.
2.Select any type of dataset and choose a graphical display for that data. Then describe how your chosen graphical display is superior over another graphical display you did not choose.
3.Watch the "The Role of Statistics in Business Decision-Making" video.
Consider the following as you watch:
Describe probability theory.
Explain how sampling theory relates to probability theory.
Differentiate between a population and a sample.
Explain, based on the video, why statistics is important in decision-making.
4.As you start this course in Statistics, discuss what you understand by Statistics using an example and also explain what you expect to learn in this course.