The Advantages and Disadvantages of Statistical Analysis
Why is statistical analysis preferable to visual inspection ("eye-balling") of data when making managerial decisions? Why is it generally not a good idea to use statistics as the only tool for decision making?
This formatted MS Word file contains information on the advantages and disadvantages of statistical analysis methodology.
This answer includes:
- Plain text
- Cited sources when necessary
- Attached file(s)
- Business Management.doc
Active since 2007