Summary:

Professional Assignment 1 - CLO1, CLO2

Using LIRN (or JSTOR), Internet, and the textbook, please develop and prepare an APA formatted paper that provides an analysis of all of the following topics. Please include a management decision-making perspective in each topic you analyze:

• Define Statistics and the different types of statistics, as well as the associated terms such as variables, types of data, etc. Provide at least one example.
• Define a Frequency Table and all of the associated terms. Provide at least one example.
• Compare the 2 numerical ways of describing quantitative variables; measures of location and measures of dispersion. Provide at least one example.
• Identify and describe the ways of displaying and exploring data. Provide at least one example.
• Identify and describe the concepts of Probability. Give at least one example.
• Research a company (or companies) that have used all of these concepts, and present how they were able to make strategic business decisions.

*Please refer to theGrading Criteria for Professional Assignmentson page 14 of the syllabus for specific guidelines and expectations.