For this discussion, pick one concept we have discussed this week.
1. for this discussion, pick one concept we have discussed this
week. Explain a business scenario where you can see this
statistical tool being used.
For example, we discussed scatterplots this week. A business
scenario where scatterplots might be used would be where a
clothing store tracks revenue against how many cashiers are
open. The purpose would be to see if having more cashiers
open always led to the store making more revenue (since
presumably, people have to wait less to check out).
Guidelines:
Write at least 3 sentences.
Write formally and don't use first person