Evaluate which of the four types of data (nominal, ordinal, interval, and ratio) is the sales data you are working on.
Determine the difference between data, information, and knowledge. Define the point at which data become information and information becomes knowledge. Explain why meaningful and correct data analysis—statistics—is important in using the volumes of available business data. Support your discussion with relevant examples, research, and rationale. >Assume you are a marketing analyst working for a manufacturer […]