STATISTICS IN BUSINESS

Statistics in business

Statistics in business

Statistics is a scientific discipline and is the study of the interpretation, analysis, organization and collection of data, as it deals with all these related aspects including in terms of the survey experiments and design the planning of collection of data. It is a type of analysis which involves the use of representations of quantified data, summaries and models for a given set of real world observations or empirical data, and basically summarizing and analyzing the data into numeric form. In general terms, it is used to characterize a set of data. If the set ...