In the weekly discussion, you are required to answer all of the questions below and reply to a minimum of 2 of your classmates for a total of 3 posts. PLEASE NOTE: Discussions are graded on a PASS/FAIL basis, therefore, you must meet the required minimum of 3 posts in order to receive credit. - What is the difference between population and sample? -What are the different measures of location? Describe each and tell how they can be useful. - What are measures of dispersion? Describe each and tell how they can be useful. - What are measures of shape? Describe each and tell how they can be useful. - What is categorical data? What descriptive statistics are appropriate for it? Why? - What are outliers? Why is an understanding of them important? - How can statistical thinking be used in business decision matking