Discussion 1
If you were given a large data set such as the sales over the last year of our top 1,000 customers, what might you be able to do with this data? What might be the benefits of describing the data? If such large data set is given, many useful conclusions can be made by simply using descriptive statistics. First of all, the average check can be found. When found this value will be very useful for planning purposes, for analyzing how much profit will advertising bring, etc. Also for this same purpose, the median check could be found ...
