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Principles of Business Statistics

You are probably asking yourself the question, "When and where will I use statistics?". If you read any newspaper or watch television, or use the Internet, you will see statistical information. There are statistics about crime, sports, education, politics, and real estate. Typically, when you read a newspaper article or watch a news program on television, you are given sample information. With this information, you may make a decision about the correctness of a statement, claim, or "fact." Statistical methods can help you make the "best educated guess."

Author

Mihai Nica

Publisher

OpenStax CNX

Year

2013

Source

Open Textbook Library

License

CC BY

Language

EN

Category

Business Administration