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Together we get the term Data Visualization
TIME TO OPEN YOUR EYES!
It's a way of squeezing
an enormous amount of
information and
understanding into a
small space.
Statistics help
you to
understand
the unknown
better
When you ask an retail manager
who doesn’t understand statistics
about the summary of his sales
CHANGE THE WAY YOU THINK
Need for managers to understand
Statistics
• Focusing on Big Picture
• can provide a reasonably accurate
snapshot
• Cost Effective Snapshot Considering each
and every customer
Who has the biggest military
budget? It's got to be America,
right? Massive. 609 billion in 2008
-- 607, rather. So massive, in fact,
that it can contain all the other
military budgets in the world
inside itself.
Is it the truth?
• it's so massively rich that it can
contain the four other top
industrialized nations'
economies inside itself, it's so
vastly rich. So its military budget is
bound to be enormous.
"Let the dataset change
your mindset."
Credits
• http://smallbusiness.chron.com/importance-
statistics-management-decision-making-
4589.html
• Compfight.com
• google
THANK YOU

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Data visualization