5 page paper 2023 Business Finance

2023 In an APA formatted Word document of at least 5 pages of content

In an APA formatted Word document of at least 5 pages of content:

* Discuss the four dimensions of statistical reasoning / thinking used in statistical inquiry

* Provide and explain a specific example of the application of the four steps process in a managerial decision-making. Please see Wild and Pfankuch (1999) four dimensions of statistical thinking, week 5 lecture notes

* For valid inferences about a diverse population, why isn’t it more important to  have a representative sample than a random sample?

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