How Are Statistics Used to Make Business Decisions?

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Assignment Aim: How Are Statistics Used to Make Business Decisions? 

Statistical research gives managers the information they need to make informed decisions in uncertain circumstances. When managers analyze statistical research in business, they determine how to proceed in areas including auditing, financial analysis and marketing research.

Select an Organization as per your convenience. Find the production survey details which was conducted recently. Analysis the data gathered and uncover the valuable information and plan a new marketing strategy to increase the production.

1. Introduction of the company

2. Analysis the data

3. New marketing strategy

4. Benefits for the company

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