Question: List at least four methods of statistical analysis that can be used to analyse market data to interpret market trends and developments. 2. Briefly

List at least four methods of statistical analysis that can be used to analyse market data to interpret market trends and developments.

2. Briefly describe the conversion rate of leads to sales.

3. Why is it important to measure the conversion rate of leads to sales at different times?

4. Briefly describe each of the measures of central tendency.

5. Why is the normal distribution curve a useful statistical concept?

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