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page summary on the importance of simple statistics and it's every day
Essay specific features
Written by:
Fred B
Date added:
February 16, 2015
Level:
University
Grade:
A
No of pages / words:
1 / 273
Was viewed:
9821 times
Rating of current essay:
Essay content:
It's simple; if statistics show that consumers are not happy with a certain product that product seizes to exist. A perfect example of this is population-sampling data, data that is simply measured by tallies and histograms. Measures of Central Tendency basically measure mediums and means, it shows what is popular and what is not, this might be useful to marketing businesses...
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A perfect example of this is population-sampling data, data that is simply measured by tallies and histograms. Measures of Central Tendency basically measure mediums and means, it shows what is popular and what is not, this might be useful to marketing businesses. Measures of Dispersion show what areas are particularly strong or weak from the average that would help companies when they need to know where they should ship more or less of a certain product...
displayed 300 characters
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