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Earn +20 ptsQ: Why a manager needs to know about statistics?
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How does statistics help a manager?
Statistics help a manager because they can adjust what they are doing to improve on the statistics. They can also keep doing what they are doing if the statistics look good.
What is the role of computer in statistics?
It can help to create the statistics. Sometimes it is difficult to know the statistics are there if you do not see them on the computer.
How the role of statistics is used in research?
Statistics is used to design the experiment (what type of data needs to be obtained and how much), then statistics is used to analyze the data (make inferences and draw conclusions).
What are the advantanges and disadvantages of variance in statistics?
There are many advantages and disadvantages of variance in statistics. One disadvantage is that you never know what answer you'll get.
Examples of misuse of statistics?
For example, manipulating a questionnaire to fit your needs would be an example of misuse.
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