Asked by Xitlaly Vicuna on May 06, 2024
Verified
______ statistics summarizes data through the use of measures of central tendency, variance, and standard deviation.
A) Inferential
B) Qualitative
C) Descriptive
D) Quantitative
Descriptive Statistics
Statistical methods that summarize and organize data in an informative way, without drawing conclusions beyond the data itself.
Central Tendency
A statistical measure that identifies a single value as representative of an entire distribution of data, such as the mean, median, or mode.
- Understand the role and impact of statistical analysis in operations management, particularly in improving quality and productivity.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
C
Explanation :
Descriptive statistics is the branch of statistics that deals with the summarization and description of data, including measures of central tendency (like mean, median, mode), variance, and standard deviation. Inferential statistics, on the other hand, makes predictions or inferences about a population based on a sample. Qualitative and quantitative are types of data, not statistical methods.
Learning Objectives
- Understand the role and impact of statistical analysis in operations management, particularly in improving quality and productivity.
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