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Week 1 DQ 1 Select the commodity of your best interest by ticking the box. You should get the data table thru clicking “retrieve� button at the end part of the list. ( You may use a commodity which is not explained in the class) Select the data among the month from 10 to 11 years as depicted below. Paste it to your clipboard using your mouse. Use only the numbers, not the month. Apply statdisk and paste it on statdisk. You are then required to select which column to be used. You have to choose column 1. Week 1 DQ 2 There are two broad areas of statistics: inferential and descriptive. In inferential statistics, we use analytical methods to derive meaning from our data. In descriptive statistics, we study effective ways to describe the data. Charts and graphs are very important in descriptive statistics. Compare the graphs in Figures 2-6, 2-7, and 2-10 in the text. What does each graph communicate? How effective is each graph in communicating this information? How would you choose the kind of graph to use for a specific project? Give an example.