Statistics

write 4 pages with couple references to develop an APA formatted paper that defines and presents an analysis of the following concepts in a business application. This means that you must provide examples of how each of these concepts can be used by upper-level management to make strategic decisions, and provide details on how statistical concepts used in the decision-making process can be summarized and presented to a board of directors (for example).:  Types of statistics used for business  How Computer Software Applications can be used to process and analyze data  How data can be displayed and explored in an effort to make better strategic business decisions  How Probability is used in sales, marketing, manufacturing, etc.  How to test hypotheses and compare results for the purpose of forecasting and making better strategic business decisions.

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