Describe the role of statistics in business decision-making

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Develop an 875-word response that addresses each of the following prompts:

  • Define statistics with citation and reference.
  • Contrast quantitative data and qualitative data. Use two Peer Reviewed references.
  • Evaluate tables and charts used to represent quantitative and qualitative data.
  • Describe the levels of data measurement.
  • Describe the role of statistics in business decision-making.
  • Provide at least two business research questions, or problem situations, in which statistics was used or could be used.

Format your assignment consistent with APA guidelines.

Reference no: EM131246286

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