Explain the value of statistics and its contribution to the success of an organization.
What is the distribution of individuals by gender?
What is the "tenure with company" distribution by gender?
What percentage of the survey participants are in each department?
What is the sample mean for extrinsic value by gender?
What is the probability that an individual will be between 16–21 years of age?
What is the probability that an individual’s overall job satisfaction is 5.2 or lower?
What is the probability that an individual will be a female in the human resources department?
What is the probability that an individual will be a salaried employee whose intrinsic satisfaction value is 5 or more?
RESEARCH REQUIRED: Be sure to include other ways that probability is used in business specifically how it contributes to the success of an organization.