Question
There are many business applications with linear functions and non-linear functions. Some people think that linear models are particularly of interest due to simplicity and
There are many business applications with linear functions and non-linear functions. Some people think that linear models are particularly of interest due to simplicity and convenience, but some people believe that nonlinear models can simulate business operations better in practice, enabling business professionals to make more accurate decision.
Do you agree or disagree? Why? Evidence needed to support your arguments.
List reference if applied
2. Data collection and descriptive statistical analysis.
Please present the descriptive summary of two data sets you collected. (Using Excel, SPSS or any software you like)
For qualitative data, demonstrate a graph (bar or pie or pareto chart).
For quantitative data, demonstrate a histogram graph (insert automatically or define bin with data-analysis-histogram function) AND a numerical measurement table (using the
function of descriptive statistics in data analysis in Excel, you can use DATA-DATA
ANALYSIS-DESCRIPTIVE STSTISTICS).
Give the data source/reference for the secondary data. If data is the primary one, please
explain how to collect it.
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