Descriptive statistics

Remember this is a continuation of the paper you did this week. Now this is part 2.

Use the same business problem/opportunity and research variable you wrote about in Week 3.
Remember: Do not actually collect any data; think hypothetically.
Develop a 1,050-word report in which you:
Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
Analyze the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample.
Analyze the role probability or trend analysis might play in helping address the business problem.
Format your assignment consistent with APA guidelines

 

……………………Answer preview……………………..

Descriptive statistics include short descriptive coefficients that give a summary of desired set of data of an entire population or a sample. The case with globalization as a business challenge descriptive statistics can be used to summarize information on how well a business is suited to take on this concept to increase its competitive advantage. Similarly, descriptive statistics will be used to assess how best the dependent variable is affected by the independent variables…………………………..

APA

1088 words