Statistics in Business

 In 1,050 words :

1)       What is the role and purpose of statistics.

2)       Define the 2 primary types of statistics.

• Type 1: ­_____________
• Type 2: _____________

3)       Provide an example of a population and a sample of that population.

• Population example:
• Sample example:

4)       Provide an example of a qualitative variable and a quantitative variable.

• Qualitative Variable:
• Quantitative Variable:

5)       What are the four different levels of measurements? Give one example of each.

Format your paper consistent with APA guidelines, specifically an adequate coverpage and appropriate grammer.