1. Discuss the differences among the three major components of statisticalmethod

1. Discuss the differences among the three major components of statisticalmethodology (descriptive statistics statistical inference and predictivestatistics). Why might these distinctions be important to a manager? Respondto at least two of your classmates postings.2. In 1995 Jack Welch sent a memo to his senior managers telling them thatthey would have to require every employee to have started Six Sigma trainingto be promoted. Furthermore 40 percent of the managers bonuses were to betied to the successful introduction of Six Sigma. Do you believe that thisdirective was a motivational action or did it violate W. Edwards Demingsmaxim that managers and leaders must cast out fear? Why or why not?Respond to at least two of your classmates postings.