BBM 312: BUSINESS STATISTICS

Institution MOUNT KENYA UNIVERSITY
Course FINANCE AND ACCOUNTI...
Year 1st Year
Semester Unknown
Posted By Mwalimu Evans Okoyo.
File Type pdf
Pages 71 Pages
File Size 932.96 KB
Views 8221
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Description

A Statistician collects information for variables, which describe the situation. A variable is a characteristics or attribute that can assume different values. That is Data are values, measurements or observations that the variables can assume. Variables whose values are determined by chance are called random variable.
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