Subject – Data Analysis and Business Intellegence
Discussion Question 1
a. What is a probability distribution?
b. What is a continuous probability distribution?
c. Provide an example from business of the usefulness of a probability distribution and/or a continuous probability.
Discussion Question 2
a. What are the differences in the various types of sampling?
b. Discuss the concept of confidence intervals.
c. What factors will you consider when determining sample size?