Please give your feedback to these Business Research and Statistics questions below.
Question 1. How about sharing some of the statistical aspect used in auditing?
Question 2. Interesting comment: "The ultimate goal is to make sure that it is as accurate as possible, so that people do not skew the data, which could hinder the results when interpreting it for one to help the business run smoothly." Surely people would not skew or mislead the statistical implications of an analysis! Why might we get inaccurate or skewed or biased data for our statistics?
Question 3. Consider "It is important for business to analyze data to determine what decisions must be made within the company." Why?
Question 4. Consider, "Every person is inundated with numerical information and statistics is used to understand the information .... ". Outside business, how do we use statistics to help in our daily lives?