Business statistics are quantitative measures that help managers make better decisions. Managers use statistics to make decisions about products and employees.
Statistics help managers make decisions. They use statistics when it comes to production and hiring employees. Statistics are everywhere in the business world.
Ernest Kurnow has written: 'Statistics for business decisions' -- subject(s): Statistics
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There are so many advantages of statistics in business. They will help in planning and making critical decisions that are related to the business.
utilizes qualitative and quantitative analysis procedures to help marketing managers make more informed decisions.