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Business Statistics
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Business statistics is the science of good decision making in the face of uncertainty.
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Business statistics is used and applied in financial analysis, econometrics, auditing, operations and marketing research.
The measurement of time series is important for business statistics.
Typically Business Statistics covers the collection, description, analysis, and summary of data, probability, and the measurement using various mathematical techniques of distributions, test of hypotheses and confidence intervals, linear regression, and correlations.
The most useful statistic values include Standard deviation, Average, Mean, Median, Mode, Range, Frequency, Moving average, Trend, Variance, Six Sigma, Regression and Covariance.
Gold Edition customers can download our Business Statistics Excel spreadsheets from this page.
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