What are Statistics BUS308: Statistics for Managers What are Statistics Introduction At the beginning of this course my understanding of statistics was that it was just another math class. Not only was statistics nothing close to math, it is a science. “Statistics is the science concerned with developing and studying methods for collecting, analyzing, interpreting […]
What have you learned about statistics? BUS 308 Statistics for Managers Introduction Before beginning this course I had very little knowledge about statistics and what it entailed. Statistics is defined in Merriam-Webster dictionary as, “a branch of mathematics dealing with the collection, analysis, interpretation, and presentation of masses of numerical data”. Which I can verify,
Statistics for Managers: Final Paper BUS 308 Statistics for Managers Statistics for Managers: Final Paper Although there are many that consider statistics to be an unnecessary or unrealistically difficult concept to perform, it is an extremely important tool to consider. When using statistics, one may just see numbers on a sheet of paper that show