UOP QNT275 Week 1 Discussion Latest 2020
QNT275 Statistics for Decision Making
Week 1 Discussion
The Role of Statistics in Business Decision-Making video
Watch the “The Role of Statistics in Business Decision-Making” video.
Consider the following as you watch:
• Describe probability theory.
• Explain how sampling theory relates to probability theory.
• Differentiate between a population and a sample.
• Explain, based on the video, why statistics is important in decision-making.

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