Statistical methods help managers make sense of data and gain insight about the:

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24-03-2018
Business

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Statistical methods help managers make sense of data and gain insight about the:

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MrsTriplet MrsTriplet · Answer 1 · 2018-04-02T16:19:07+02:00

Statistical methods help managers make sense of data and gain insight about the organization, decisions and ideas.

It is always best to make a decision based on factual statistics and data rather than just on speculation. When handing off information for people to make a decision, if they can see why something should be done a certain way, it's more likely to happen if they can support their findings.