Techniques for Business Decisions
2:be able to reduce data to statistical measures and explain their meaning

2.	be able to reduce data to statistical measures and explain their meaning
Study the material in the Descriptive Statistics file (supplemented if necessary by the EZESTATS document)and then perform the exercise suggested
-	Descriptive Statistics
-	EZESTATS tutorial
APEL task [max 400 words] Using the dataset in Stats exercise and then summarise this data using a variety of descriptive statistics. You should utilise the following: mean, median, mode, box-and-whisker plot,range,inter-quartile range, quartiles, quintiles,sample variance,standard deviation giving a brief explanataion of each measure. [You may substitute similar data from your own place of work if you like]

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