WK3 DQ – Data Analysis & Business Intelligence
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.