Instructions Create a 1-2 page summary providing answers to at least four of the

Instructions Create a 1-2 page summary providing answers to at least four of the prompts below. What are statistics/data? How can statistics/data be used in the business world? Give an example of the types of answers statistics/data can provide in business. What is sampling? How can sampling be used in the business world? Give an example of the types of solutions/answers sampling can provide in business. What are descriptive statistics? How can descriptive statistics be used in the business world? Give an example of the types of solutions/answers descriptive statistics can provide in business. What is statistical inference? How can statistical inference be used in the business world? Give an example of the types of solutions/answers statistical inference can provide in business. What is the null and alternate hypothesis? How can the null and alternate hypothesis be used in the business world? Give an example of the types of solutions/answers null and alternate hypothesis can provide in business. What is correlation? How can correlation be used in the business world? Give an example of the types of solutions/answers correlation can provide in business. Submit your summary in a Word document via Dropbox. Criteria Meets Expectations 50 Points Does Not Meet Expectations 0 points Created a 1-2 page summary 50 0 Provided answers to at least four of the given prompts 50 0 Total 100 Points Examples Page 2 – Statistics in Practice: Statistics in Business Page 3 and 4 – Applications in Business and Economics Page 15 – Statistical Inference Page 108 – Statistics in Practice: Descriptive Statistics Page 320 and 374 – Statistics in Practice: Sampling Page 418, 526, and 554 – Statistics in Practice: Null and Alternative Hypothesis Week 6 PPT, Correlation