Statistics are very popular in many fields. One of the areas that use statistics is the field of business. The business world will have difficulty in the decision-making process if there is no statistical science. This time I will share knowledge about 2 Kinds of Statistical Aplication in Business.
1. Descriptive Statistics
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| Descriptive statistics |
Descriptive statistics is the application of statistical science to explain or describe various characteristics of the data varies, and so forth.
In the application of statistical descriptive essence statistics science is used to describe or explain a data in the business. Descriptive statistics can provide information to data readers, so that data readers can know about the data certain events in the company.
2. Inductive Statistics
Inductive statistics can also be called statistical inference is a statistical science that makes various inferences to a set of data derived from a sample. This inductive statistics in its activities forecasting and decision making.
In the field of business of course, this inductive statistics will be very many benefits. A leader will take a stand if he has seen, predicted, and forecast based on a statistical data. Suppose for the determination of a budget, the leadership of the financial section will analyze a data that is considered inefficient that will potentially harm the company.
Just this article which I can share to you.
I apologize if there are wrong word on this article
The end of word wassalamualaikum wr. wb.
Reference :
- Prof.Dr.Sudjana,MA,Msc, Tarsito, Metode Statistika, Edisi 6, Bandung
- Robert D Mason and Douglas A.Lind, T, Teknik Statistika for bussiness and economy, erlangga, Yogyakarta
- Lukas Setia Atmaja, Memahami Statistika Bisnis, Erlangga, Yogyakarta
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