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Principles of Business Statistics

Author: Mihai Nica - Editor
Subject: Mathematics
Source: Open Textbook Library
Publisher: OpenStax CNX
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You are probably asking yourself the question/ "When and where will I use statistics?". If you read any newspaper or watch television/ or use the Internet/ you will see statistical information. There are statistics about crime/ sports/ education/ politics/ and real estate. Typically/ when you read a newspaper article or watch a news program on television/ you are given sample information. With this information/ you may make a decision about the correctness of a statement/ claim/ or "fact." Statistical methods can help you make the "best educated guess."

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