Explain various types of categorical and numerical data

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Reference no: EM133801067

Discussion Post: Interactive Learning Activity

Learning Outcomes:

1) Find some structured ways of dealing with complex managerial decision problems.

2) Explain simple decision models and management science ideas that provide powerful and (often surprising) qualitative insight about large spectrum of managerial problems.

3) Demonstrate the tools for deciding when and which decision models to use for specific problems.

4) Build an understanding of the kind of problems that is tackled using spreadsheet modeling and decision analysis.

Read the following chapter of your Textbook.

Chapter 5: Data Exploration and Visualization

Task

1) Explain various types of Categorical and Numerical Data with examples.
2) Discuss the Data Exploration process.

Reference no: EM133801067

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