Answer:
ok I can help but will is the question.◉‿◉
The four dimensions of statistical thinking, according to Wild & Pfannkuch are an investigative cycle, styles of thinking, an interrogative cycle, and dispositions. The four dimensions are simultaneously active within the thinker and incorporate both general and specific statistical thinking tendencies. Describe the four statistical reasoning/thinking dimensions that are used in statistical investigation.
* Give and describe a concrete example of how the four-step method was applied in a managerial decision-making process. Please apply the four dimensions of statistical reasoning from Wild and Pfankuch .
* Why is having a representative sample rather than a random sample not more crucial for drawing accurate conclusions about a diverse population?
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<h3><u>Answer;</u></h3>
Financial plan
<h3><u>Explanation;</u></h3>
- A net worth statement, insurance plan, and a budget are all part of a Financial plan.
- <u><em>The parts of a good financial plan include a net worth statement, financial goals, a budget, a saving and investing plan, and an insurance plan.</em></u>
- Financial plan is generated from financial information. There are five parts to a organize your financial information, these includes; net worth statement, financial goals, budget, saving and investing plan, and insurance plan. Another way to organize your financial information are bills, receipts, and account statements.
