QNT351 Week 1 DQ 1

Week 1, DQ 1


Due Thursday, Week 1 Day 3
Please post your response to the following discussion question by clicking on Reply. Your response should be at least 100 words long.

What is the importance of statistics in business decision making? Describe a business situation where statistics was used in making a decision.

RESPONSE
Statistics is a very important part of decision making in the business world. Without statistics a company wouldn't know what direction their product or services need to be adjusted.
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