Managers Need an Understanding of Statistics to Be Able to Present

question 14

True/False

Managers need an understanding of statistics to be able to present and describe information accurately, draw conclusions about large populations based on small samples, improve processes, and make reliable forecasts.

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Definitions:

Transcript

A copy made directly from an original record, especially an official copy of a student’s educational record.

Educational Record

Documents and materials which contain information directly related to a student and are maintained by an education agency or institution.

Collaboration

The act of working together with others to accomplish a task or achieve a goal, often involving sharing knowledge, learning, and building consensus among team members.

Teamwork

The cooperative effort of a group of people working together to achieve a common goal.