Question: Given the problem you defined in the first question, how would you complete the five basic stages of a statistical process? How would you go
Given the problem you defined in the first question, how would you complete the five basic stages of a statistical process? How would you go about collecting the data? Would it be necessary to take a sample?
Why? What organizational feature would you use to characterize the data set? How would you go about using the data to analyze the problem you face? What interpretations of your results could you use to devise potential solutions to the problem? In what way would you apply these interpretations to any effort to predict or forecast future events?
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