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Business Administration Discuss business Management and Administration


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Old 05-06-2008
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Default Business Statistics ?

Suppose you are the coach of a church basketball team and are asked how many ways you can assign positions to your players (that would be five different positions) with a roster of 10 players. How many possible ways can you position your players?
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Old 05-11-2009
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Hello..

Business statistics is the science of good decision making in the face of uncertainty and is used in many disciplines such as financial analysis, econometrics, auditing, production and operations including services improvement, and marketing research. These sources feature regular repetitive publication of series of data. This makes the topic of time series especially important for business statistics. It is also a branch of applied statistics working mostly on data collected as a by-product of doing business or by government agencies. It provides knowledge and skills to interpret and use statistical techniques in a variety of business applications. A typical business statistics course is intended for business majors, and covers statistical study, descriptive statistics (collection, description, analysis, and summary of data), probability, and the binomial and normal distributions, test of hypotheses and confidence intervals, linear regression, and correlation...
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Old 08-19-2011
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thanks for the wonderful information that you've been shared to us...
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