Define statistics and how are statistics used in decision-making? Describe frequency distribution and how it can be used in decision-making. Describe Mean, Median, and Mode with examples.

Excel Question

1. Define statistics and how are statistics used in decision-making?
2. Describe frequency distribution and how it can be used in decision-making.
3. Describe Mean, Median, and Mode with examples.
4. Describe Skewness and why it is important.