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Statistics for Business Decision Making and Analysis PDF Download Form

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okay let's have our first lecture for math 1610 okay the goal for today is to learn a lot of the foundational terminology and definitions and then practice using that terminology okay so first let's say what the word statistics means statistics is the collection analysis interpretation try to fit this in the screen here and presentation of information okay the information i won't write this all out but it would be the information collected analyzed interpreted and presented okay but let's just say the information is called i don't care how you say this data or data it's up to you okay the singular version of that because the word the word uh data is plural the singular is datum okay all right so there's two important definitions all right now there's two kinds of statistics let me write this out for you you can do two different things with statistics it depends upon your goal okay if your goal is to organize and summarize then what you're doing is you are describing a situation and tha

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