You'll learn how to use this existing data to facilitate planning and improve decisions. The entire text emphasizes statistics by use of real-world practice and business examples.
Companies compile vast amounts of data, more than most people can keep up with.
But unless that data is properly analysed for trends, patterns, or relationships, it is meaningless. Managerial Statistics is a very practical, clearly written book that demonstrates how to use various statistical methods to analyse data and uncover important information. Throughout the book, data analysis is emphasised in the context of making business decisions. You will not find a lot of highbrow, abstract theory in Managerial Statistics. Instead, you will find nearly 1,000 pages of concise, plain-English business examples in all fields that are designed to be applied immediately to real life.