STA 101 Statistics for Business
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This STA 101 Statistics for Business course involves collecting, classifying, summarizing, organizing, analyzing, and interpreting business data. The main objective of Business Statistics is to make speculations about people, objects, or collections of information in the business field. Statistics helps business institutions to plan for the production of products according to the customer's tastes and preferences. Also, statistical methods help check the quality of products efficiently. Business Statistics takes data analysis tools from elementary statistics and applies them in business. An example of statistics is estimating the probability of a hitch coming off a factory line or whether the sales will get to the future.
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