Question

How can a lack of understanding of the measures of central tendency and variability affect business decisions

Answer 1

The measure of central tendency give you a picture of what to expect in a situation. For example, a basketball players average is the amount of points that they typical score.

In a business, you make decisions on what you expect to happen. Knowing the measure of center can help you make better decisions.

Answer 2

Answer:The measure of central tendency give you a picture of what to expect in a situation. My example: a basketball players "average" is the number of points that they usually score. In a business you make decisions on what you expect to happen. If you know the measure of center it can help you make better decisions.

I got 100 on this