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Business Statistics Made Easy in SAS
book

Business Statistics Made Easy in SAS

by Gregory Lee
October 2015
Beginner
384 pages
16h 41m
English
SAS Institute
Content preview from Business Statistics Made Easy in SAS

Step 4: Understanding & Decision Making

The final step is to decide what the statistics mean, to learn new things about the world in which you are interested, and to apply this knowledge to your decisions if necessary. Statistics based on share returns data might help you understand the stock market better, as well as help you make better investment decisions. Statistics about customers might help you to sell more and be more profitable. Examples abound.
One key is to remain humble and hard working in statistics. No single statistical study is definitive: the next time you try to study the same phenomenon you might get very different data and therefore very different results. You should therefore scrutinize your results for trustworthiness; ...
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Publisher Resources

ISBN: 9781629600444