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Statistics in Business Research

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Please help analyzing "how statistics is used to present information in research?"

Why use statistics in business research, and what is its role?
How is statistical data collected and how was it measured in research?
What are the findings of statistics in research?

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Why use statistics in business research, and what is its role?

Consider the statistics in business research to measure successes or failures that requires new strategic decision making to rectify or increase performance, in which, the statistical provide needed data for management review. Statistical data can range from numerical or descriptive information that conducted during a period of time of evaluation, thereby; the data supports or discredits assumptions on business performance. Try and think of the role in using statistics in business research as a means to deter measure the following areas:

a) Performance in productivity to how many products or services rendered within the targeted ...

Solution Summary

The review into statistical research key importance in business to succeed within the targeted marketplace.

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Statistics: Correlational Research

Share the practical applications of the study (male=120 and female =168). How would the results of this survey be used in the workplace .Briefly describe correlational research .Name a variable from this study and one from the workplace that might prove to provide a correlational relationship and explain why you would choose these two. What did you know about correlation and causation?

The study is: male =120 female 168 combine both together, the total is 288.

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