Role of statistics in business decision making


Write a 300-word summary that addresses the following criteria:

  • Define statistics.
  • Identify different types and levels of statistics.
  • Describe the role of statistics in business decision making.
  • Provide at least three examples or problem situations in which statistics was used or could be used.

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Operation Management: Role of statistics in business decision making
Reference No:- TGS0516782

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