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DEFINE STATISTICS? STATISTICS IN BUSINESS: ➢ DESCRIPTIVE STATISTICS. ➢ ESTIMATION. ➢ possibility TESTING. frequency DISTRIBUTION. MANAGEMENT SCIENCES. RELATIONSHIP BETWEEN STATISTICS MANAGEMENT SCIENCES. ➢ PRESENTATION. ➢ ANALYSIS. ➢ INTERPRETATION. AREAS OF lancinating INTEREST. ➢ OMISSION OF IMPORTANT FACTORS. ➢ CARELESSNESS. ➢ NON SEQUITUR. ➢ CONCEALED ➢ RESEARCH METHODS. TOOLS OF QUALITY. ➢ HISTOGRAM & ITS IMPORTANCE. ➢ JOINT FREQUENCY DISTRIBUTION IMPORTANCE. ➢ BAR CHARTS & ITS IMPORTANCE. ➢ PARETO CHARTS & ITS IMPORTANCE. ➢ PIE CHARTS & ITS IMPORTANCE. ➢ LINE CHARTS & ITS IMPORTANCE. ➢ FORECASTS. ➢ quantify SERIES ANALYSIS. ➢ TIME SERIES PLOT. ➢ SCATTER DIAGRAM. & ITS

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STATISTICS:
The term statistics is utilise in either of two senses. In common idiomatic expression it is generally employed synonymously with the word info. Thus somebody may say that he has seen “statistics of industrial accidents in the fall in states.



” It would be conducive to greater precision of meaning if we were non to use statistics in this sense, still rather to say “data of industrial accidents in the united states.” “Statistics” also refers to the statistical principles and methods which support been developed for handling numerical data and which form the mental object matter of this text. Statistical methods or statistics range from the most uncomplicated descriptive devices which may be understood by anyone to those super complicated mathematical procedures which are comprehended by solely the most expert’s theoreticians. It is the purpose of this volume non to enter into the highly mathematical and theoretical aspects of the subject but rather to treat of its more elementary and more oft used phases. Statistics may be defined as the collection, presentation,...If you exigency to get a full essay, order it on our website: Orderessay



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