After reviewing the material in Chapters 3 & 4, post an example of how using probability and the correlation coefficient could be of value to a business manager in making data based decisions to better manage a department, store, etc. Provide details from the chapters to support your statements.
Post must be 200-250 words with your original post. Reply to one student’s post in 75-100 words. A discussion reply should add value to the discussion thread.
As in Proverbs 27:17 (NIV) “As iron sharpens iron, so one person sharpens another.”
