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Homework:Weeks 01-02, Chapter 01 Business Analytics Question 1, 1.1.1 HW Score: 0%, 0 of 100 points Points: 0 of 14 Save Discuss how one might use business analytics in their personal life. Select all that apply. A. A store might keep track of inventory and use it to decide what items are in demand. B. An automobile owner can predict when the next maintenance will be due by recording things such as the miles driven and gas mileage. This would help them budget accordingly. C. A reporter could analyze social media posts to see what types of people are more likely to share unverified news stories. D. A golf player might use statistics to help to diagnose problems and improve their game.

Answer :

Statistics is used to keep track of and enhance the quality of a company's products and operations. Statistical analysis is important for the formation of social science ideas because it allows them to be tested against real-world data.

From the above discussion we say that, Statistics is useful for store owner to track his demand supply and inventory record, An automobile owner for find relation between mileage and consumption basis, Reporter for analysis his story and media post and also for a golf player who want to win in a single strike.

So,

Given Option "A", "B", "C", "D" all are correct and justifiable.

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