Business Statistics

Tabulation of Data Once the raw data is collected, it needs to be summarized and presented to the decision-maker in a form that is easy

Graphical Presentation of Data Tabulation and grouping does make data simple to understand and analyze. However, just the numerical data is not attractive enough to

Classification of Data in Statistics Rules of Classification The principal rules of classifying data are: Bases of Classification Some common types of bases of classification

Collection of Data in Statistics The collection and analysis of data constitute the main stages of execution of any statistical investigation. The procedure for collection

What is Statistics? Since all branches use statistics, there are number of definitions of statistics, each based on the way one looks at the application