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Business Statistics

May 23, 2022 | Mathematics - Statistics

May 23, 2022 | Mathematics - Statistics

Business Statistics

Business Statistics
1. Read the following article: https://www.forbes.com/sites/kalevleetaru/2017/02/02/lies-damned-lies-and-statistics-how-bad-statistics-are-feeding-fake-news/#255a52f050ca (Links to an external site.) From your observation, list three points (each) you will keep in mind when:

· When reporting data at any capacity (at academic research/professional work)

· When reading articles that contain data, what are the questions you will ask yourself before believing the statistics that are presented in the article at hand.

2. Charts and graphs are seen quite frequently in newspaper articles, magazines, books, etc. There are pros and cons to using such visual representations. Describe one pro for using a chart or graph. Describe one con.

Part 2 –

What is the difference between an IPA and a PPO? Which is better? Defend your answer.

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