Wk3 dq – data analysis & business intelligence

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 Question:

  • What is a probability distribution?
  • What is a continuous probability distribution?
  • What are the differences in the various types of sampling?
  • Discuss the concept of confidence interval.
  • What factors will you consider when determining sample size?
  • Provide an example from business for the usefulness of confidence interval and sample size determination

 

Note:

1. Need to write at least 2 paragraphs

2. Need to include the information from the textbook as the reference.

3. Need to include at least 1 peer reviewed article as the reference.

4. Please find the textbook and related power point in the attachment

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