I want you, to write how can the course “Statistic for business” be useful in my department. (ONLY WRITING) no need for drawing, below is more details :-
What you need to do:
• Submit a report about 4 pages long on how you might be able to apply the concepts that you learned in this course at your work.
• You need to think of 5-6 different applications of statistics that you could do or are doing at your work.
• The report should include:
o The problem (or issue) for which you will be applying the statistical tools in order to make decisions based on data.
o Identify the relevant data that will be required?
o How will you get/collect the data?
o How much data will you need/get (sample size, cost considerations)?
o How will you summarize it?
o What tools will you be using? How will you use it?
o What do you hope to see/know when you analyze this data?
You do not necessarily have to do the analysis and report the data. Just need to explain how you will do it.During the course : – I have covered these topic which I want you to talk about>
1- Descriptive Statistics: Numerical Methods
2- Introduction to Probability
3- Discrete Probability Distributions 4- Continuous Probability Distributions
5- Sampling and Sampling Distributions
Is not important to talk about them all, but I need at least 5 application
( short example ) that cover the topic
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