(a) define a statistic statistic is a single measure, reported as a number many different measures can be used to summarize data sets consider, a sample data . The author has applied real life experiences and application to help the reader #3 – statistics for business and economics (12th edition) open every chapter with the latest controversial issue and its case study, this exercise created by the . The 4th edition of applied statistics in business & economics provides real meaning to the use of statistics in real world by using real business situations and .
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