(Answered) Write a 750-900 word report that includes answers to the

Economics

Write a 750-900 word report that includes answers to the following tasks/questions:

1. What is statistics?

2. How are they used to make decisions?

3. What is the difference between descriptive and inferential statistics?

4. Think of two different business problems where statistics could be useful to solve them. Provide sufficient detail so that the problem is clear as well as how you think statistical analysis could be useful.

5. What is a variable?

6. What are the differences between quantitative and qualitative variables?

7. What are the differences between discrete and continuous variables.

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