I am requesting a 700-1050 word essay
Describe the use of statistics within a hardware store.
Address the following questions, in order, in the paper:
(1) How are statistics used in a hardware store?
(2) What is one example of descriptive statistics used in a hardware store?
(3) What is one example of inferential statistics used in a hardware store?
(4) How is data at each of the four levels of measurement used in a hardware store? If the hardware store does not use all four levels, describe how such data could be used. The four levels referred to are nominal, ordinal, interval, and ratio
(5) What are the advantages of accurate interpretation of statistical information to improve decision making in the organization?
*Sources must be peer reviewed journals APA style please

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