Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.

Use a business problem/opportunity and research variable. Do not use McDonald’s or Walmart

Remember: do not actually collect any data; think hypothetically.

Develop a 1,050-word report in which you:

  • Identify the types of descriptive statistics that might be best for summarizing the data, if you were to collect a sample.
  • Analyze the types of inferential statistics that might be best for analyzing the data, if you were to collect a sample.
  • Analyze the role probability or trend analysis might play in helping address the business problem. 
  • Analyze the role that linear regression for trend analysis might play in helping address the business problem.
  • Analyze the role that a time series might play in helping address the business problem.

Format your assignment consistent with APA guidelines.