Description of business decision making

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Reference no: EM1342827

Description of Business Decision Making

Research and select 2 different statistical methods.

For each statistical method, address the following:

What are the goals of using the statistical method?

Describe how the method is important in the field of business statistics.

Describe 2 situations with an example where the use of the statistical method would be appropriate.

Reference no: EM1342827

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