Write down the correct solution of the given questions
Question 1- Explain the importance of statistics in business
Question 2- What is the difference between a population and a sample?
Question 3- List different types of charts available in Excel, and explain characteristiccs of data sets that make each chart most appropriate to use.
Question 4- What statistical measures are used for describing dispersion in data? How do they differ from one another?
Question 5- Explain the concept of correlation and correlation coefficient. How would you interpret correlation coefficients of: +0.3, 0.0(zero), and -0.95
I want help to explore the importance of statistics in business.