QNT 275 WEEK 1 Statistics in Business Purpose of Assignment The purpose of this assignment is to have students demonstrate mastery of the foundational concepts that set the stage for the remainder of the course. Students apply those concepts to business research questions or problem situations to focus their thinking on statistical literacy for use in business decision-making. Assignment Steps Resources:Week 1 Readings;Statistics Lab Tutorial help on Exceland Word functions can be found on the MicrosoftOfficewebsite. There are also additional tutorials via the web that offer support for office products. Developa 1,050-word response addressing each of the following prompts: Define statistics with citation and reference. Contrast quantitative data and qualitative...