NEED TO ANSWER ALL TWO DISCUSSION QUESTIONS…also specify which answer goes to which discussion question
question 1 – statistics in your field of study
Statistics is useful in all fields of studies including business, sports, healthcare, and criminal justice.
- Discuss how statistics is related to your field of study.
- What question would you be interested in answering?
- What data would you collect and how would you collect the data to help answer this question?
- What statistics do you want to find, such as mean, median, variance?
- What conclusions can be drawn based on the results?
question 2 – management strategy
Read the case history and discuss the Management strategy that resulted in Reader’s Digest’s bankruptcy.How would you change the strategy that resulted from the bankruptcy?
Case Study – A Reader’s Digest That Grandma Never Dreamed Of