This report delves into the realm of business decision-making, employing statistical tools and networking principles to analyze various scenarios. The report begins with an exploration of ungrouped descriptive statistics, calculating and interpreting key metrics such as mean, minimum, standard deviation, and coefficient of variation. It then progresses to grouped descriptive statistics, summarizing data, calculating mean and standard deviation, and applying linear interpolation techniques. Furthermore, the report addresses networking concepts, including critical path analysis and project duration determination. The analysis includes calculations and interpretations of data, as well as the application of relevant formulas and the use of references to support the findings. This report aims to provide a comprehensive overview of the application of statistics and networking in business decision-making, offering valuable insights for students and professionals alike.
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