QNT 351 Week 2 Statistical Techniques in Business and Economics, Ch. 3: Describing Data: Numerical Measures

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QNT 351 Week 2 Statistical Techniques in Business and Economics, Ch. 3: Describing Data: Numerical Measures
QNT 351 Week 2 Statistical Techniques in Business and Economics, Ch. 3: Describing Data: Numerical Measures
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QNT 351 Week 2 Statistical Techniques in Business and Economics, Ch. 3: Describing Data: Numerical Measures

Read Ch. 3 of Statistical Techniques in Business and Economics. 

Consider the following as you read:

  • Try not to get too hung up on formulas to calculate the mean, median, standard deviation, and variance. For managers, the interpretations of these measures are more critical than memorizing the formulas.