What statistical measures should be used to assess the commercial Assignment

What statistical measures should be used to assess the commercial viability of an organisational website What would these measures show, and what would they non show - Assignment ExampleTherefore, commercial viability of an organization can be gauged by examining the performance of its commercial website. Performance of an organizations website can be checked in terms of legal, technical, and marketing viabilities. According to Clark (2013), examining a websites operational viability should be free from subjective compend. In order to foster objectivity, analysis on a websites viability is conducted though statistical measures. Common statistical measures applied in measuring websites commercial viability include central proclivity measures like take to be, dispersion measures like standard deviation, and linear correlation measures like Pearson correlation coefficients.Websites viability can be ascertained by acknowledging the number of visitors wake an organizations web page. A high number of visitors signify increased attraction of website contents on potential customers. Contrarily, low number of visitors indicates wish of attractiveness by an organizations website. Monitoring the number of visitors on a daily basis is not only time consuming besides also monotonous. Therefore, central angle of inclination measure of arithmetic conceive can be used to determine the average number of a websites visitors oer a finite period. Perry (2006) mentioned that arithmetic mean is a representative measure which provides an overview description of a data set distribution. Unlike other measures of central tendency like mode and median, arithmetic mean summarizes behavior of a data set in a representative manner. Measuring websites viability using mean provides an inference about the average number of persons visiting a web page.Contrarily, use of arithmetic means in statistical analysis has demerits. Arithmetic mean does not describe any relationship between mul tiple variables that influence the number of visitors entering a website. Undeniably, a central tendency