Depicting Data in Telling Ways
Data flow from the pulse of business: your operations, your business, your market, your industry. Managers and analysts routinely collect and examine key performance measures to better understand their operations and make good decisions. Statistics is the study of principles and methods for exploring data and making correct conclusions.
Developing a full and articulated understanding of key performance measures often begins with a descriptive summary. Descriptive summaries can be developed graphically, which we address here, or numerically, which we develop in the next chapter.
Descriptive Narration
Graphic summaries provide a picture of key data that can be used to elicit important questions, fuel understanding, ...
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