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Statistics is the science of dealing with data to provide precise information needed by managers in today's competitive environment. It allows managers to analyze individual experiences, surveys, and media to make calculations that give a precise understanding of current demands and help them stay a step ahead. Statistics provides the basic need of analyzing data to inform decisions.

Data & Analytics

STATS : THE
FUTURE
BY: GURYASH S. DHALL
INSTITUTE OF
TECHNOLGY, NIRMA
UNIVERSITY

STATISTIC CALCULATION GIVES :
PRECISE DATA : TODAY ‘S DEMAND

DUE TO INCREASING COMPETITION :
MANAGERS NEED TO BE A
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