Question: ) What is the difference between exploratory (descriptive) and inferential methods in data analysis? 6) What is a project? Why project management is important? 7)

) What is the difference between exploratory (descriptive) and inferential methods in data analysis?

6) What is a project? Why project management is important?

7) What is a decision tree and describe how it is used in relation to expected monetary value analysis?

8) What is the difference between uncertainty and risk? Give examples.

9) What is a scatterplot? How does it help us as an Industrial Engineer in data analysis?

10) What are the main steps of data analysis?

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