Table of contents

Skip topic navigation

1. Introduction to Statistics53m
2. Describing Data with Tables and Graphs2h 1m
3. Describing Data Numerically1h 48m
4. Probability2h 26m
5. Binomial Distribution & Discrete Random Variables2h 55m
6. Normal Distribution & Continuous Random Variables1h 48m
7. Sampling Distributions & Confidence Intervals: Mean2h 8m
8. Sampling Distributions & Confidence Intervals: Proportion1h 20m
- Sampling Distribution of Sample Proportion
  35m
- Confidence Intervals for Population Proportion
  45m
9. Hypothesis Testing for One Sample2h 23m
10. Hypothesis Testing for Two Samples3h 25m
11. Correlation1h 6m
12. Regression1h 4m
13. Chi-Square Tests & Goodness of Fit1h 30m
14. ANOVA1h 4m

1. Introduction to Statistics

Intro to Stats

Statistics for Business

1. Introduction to Statistics

Intro to Stats

Previous problemNext problem

Struggling with Statistics for Business?

Join thousands of students who trust us to help them ace their exams!Watch the first video

Multiple Choice

In SWOT analysis, what does the term 'strengths' refer to?

External factors that could cause trouble for the organization

Internal attributes of an organization that give it an advantage over competitors

Weaknesses that limit the organization's performance

Opportunities in the market that the organization can exploit

Previous problemNext problem

Verified step by step guidance

SWOT analysis is a strategic planning tool used to identify the Strengths, Weaknesses, Opportunities, and Threats related to a business or project.

The term 'strengths' in SWOT analysis refers to internal attributes or resources of an organization that provide a competitive advantage over others.

Examples of strengths include a strong brand reputation, skilled workforce, proprietary technology, or financial stability.

Strengths are internal factors, meaning they are within the control of the organization and can be leveraged to achieve business goals.

In contrast, external factors such as opportunities and threats are outside the organization's control, and weaknesses are internal factors that limit performance.