The question to address is: “What have you learned about statistics?” In developing your responses, consider – at a minimum – and discuss the application of each of the course elements in analyzing and making decisions about data (counts and/or measurements).

The course elements include:

• Descriptive statistics

• Inferential statistics

• Hypothesis development and testing

• Selection of appropriate statistical tests

• Evaluating statistical results.

Answer rating: 100% (QA)

Business Statistics Statistical literacy focuses on making decisions using statistics as evidence just as reading literacy focuses on using words as evidence Statistical literacy is a competency just ... View the full answer