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Please only answer ONE of the following questions (worth 3 marks) Explain why an analyst or business owner might be interested in regression analysis. Please
Please only answer ONE of the following questions (worth 3 marks)
Explain why an analyst or business owner might be interested in regression analysis. Please provide an example to support your answer.
OR
Explain (with the use of a business-related example) why the mean and standard deviation are important statistics.
OR
Provide one real-life example that assumes a 'normal distribution'. How does the central limit theorem relate to normality?
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