A Business Example of Thinking Outside the Box Is

question 41

Multiple Choice

A business example of thinking outside the box is:

• A) people of all ages might respond to advertising.
• B) sidewalks can be made out of rubber rather than cement.
• C) the market potential for human health insurance is very high.
• D) car-wash customers might also want the car to be waxed.

Interpret descriptive statistics and their use in organizing and summarizing data.

Learn about the characteristics and implications of skewed distributions.

Understand the concept of statistical significance and how sample size and variability affect it.

Learn how to compute and interpret the standard deviation and mean.