Your task is to create a 1,000-word report that addresses an issue within the business environment using at least two of the following statistical concepts:
• Discrete probability distributions (e.g., the binomial distribution)
• The standardised normal distribution
• Confidence intervals
• Hypothesis testing
• Linear correlation and regression
• The sampling distribution
In addition to the report, you will be required to include a copy of the calculations that you used for the report. This will form your appendix. The report and the appendix are expected to be in typed form.