Week 1 Chapter 1 Overview of Statistics DAT565 UOP
Chapter 1 provides a foundational overview of statistics, delineating its role in collecting, organizing, analyzing, interpreting, and presenting data. It distinguishes between descriptive and inferential statistics, elucidates the importance of assumptions, and underscores the utility of statistics in business decision-making. Ethical considerations, responsibilities of data analysts, and common statistical pitfalls are also highlighted. The chapter emphasizes the importance of statistical literacy in modern business environments, offering practical insights into data analysis and interpretation.
Escuela, estudio y materia
- Institución
- University Of Phoenix
- Grado
- DAT 565 (DAT565)
Información del documento
- Subido en
- 21 de mayo de 2024
- Número de páginas
- 3
- Escrito en
- 2023/2024
- Tipo
- Examen
- Contiene
- Preguntas y respuestas
Temas
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week 1 reading activity
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week 1 quiz dat565
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dat565 week 1
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data analytics
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chapter 1 overview of statistics