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Describe the role of statistics in business decision

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Write a 400-word summary that addresses the following criteria

  • Define statistics.
  • Identify different types (Descriptive vs. Inferential) of statistics.
  • Describe the role of statistics in business decision making.
  • Provide at least three examples or problem situations in which statistics was used or could be used.

Please format your paper consistent with APA guidelines.Please upload your paper to ‘plagiarism checker’ before your submission. Please submit ‘Plagiarism checker report’ (Turnitin Originality Report) in a separate file along with the assignment.

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