List and discuss at least two ways you use descriptive and inferential statistics in your organization or personal life© BrainMass Inc. brainmass.com November 30, 2021, 2:59 am ad1c9bdddf
In my organization, I would work on budgets. What I would do is create a spreadsheet of the following data:
- cost of the project
- how long the agency worked on the project
- date of the invoice
- date the client paid the bill
So essentially, by looking at the two dates, I am able to calculate the time it takes for the client to pay their bill.
Having a spreadsheet of hundreds of numbers is not good for my manager, they want to ...
Examples of inferential stats are embodied.