Identify and describe the purposes of the two types of statistical analysis.

Write a 300-word summary that addresses the following criteria:

  • Define statistics.
  • Identify and describe the purposes of the two types of statistical analysis.
  • Identify and describe the four levels of measurement.
  • Describe the role of statistics in business decision-making.
  • Provide at least two examples or problem situations in which statistics was used or could be used.

Format your summary consistent with APA guidelines.