How might you use the statistical insights from the chapter to make decisions in an organization?

Read through chapter 10 of the text, “An Introduction to Statistical Learning.”Complete Exercises #2 and #5Submit completed questions as .docx or .pdf documentsIn 200-400 words, reflect on experience and applicationsWhat did you learn from the chapter and the exercises (convince us you read the chapter/did the exercises)?What was the most impactful or fascinating takeaway from the chapter?What elements of the chapter were difficult to understand?How might you use the statistical insights from the chapter to make decisions in an organization?