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HW-1600 Statistics DQ

  

Question 1:

How would you define statistics? How is statistics used in business decision-making? What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision

  

Question2:

How would you define a variable? What is the difference between a dependent and independent variable? Do you think both variables are used in every research? Explain why or why not.

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