Discussion Post: Business Stats
For this discussion, pick one concept we have discussed. Explain a business scenario where you can see this statistical tool being used.
For example, we discussed scatterplots. A business scenario where scatterplots might be used would be where a clothing store tracks revenue against how many cashiers are open. The purpose would be to see if having more cashiers open always led to the store making more revenue (since presumably, people have to wait less to check out).
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.