Business Statistics Assignment Help

What is Business Statistics?

Business Statistics helps enable us analyze the previous performance, predict future practises of business and lead the business effectively. Business Statistics includes collecting, analysing, organizing and interpreting data. It helps the business to deal with uncertainties, decision making by providing accurate estimation of costs, prices, demand, sales,etc. Also help in planning the business based on predictions and assumptions. Business Statistics applies data analysis tools taken from elementary statistics to business. For example: observing when the sales will end in future, estimating the probability of goods that come with defects from the factory line etc.

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• Linear Programming assignment help

Linear programming is used for getting the best solution for a problem with given limitations. It involves an objective function, linear inequalities related to the limitations. In linear programming, we express real-life problems into mathematical problems. With the help of linear programming, the manager decides the manner in which the limited resources be used for maximizing the profit and minimizing the cost.

• SPSS assignment help

SPSS indicates Statistical Package for Social Science. It was established to manage and statistically analyze social science data. It is used by researchers for the analysis of complex statistical data. This platform allows the users to deploy insights at scale.

• Probability distributions assignment help

Probability distribution is a statistical function that describes all possible values and probabilities that the random variable can assume for particular data. For a given data generation process, probability distribution shows the expected outcomes of the possible values. It helps to model our world, allowing us to obtain estimates of the probability of certain events occurring, or to estimate the variability of the occurrence.

• Hypothesis testing assignment help

Hypothesis testing is a useful procedure in statistics to assess the plausibility of a hypothesis. It assists us in evaluating two mutually exclusive statements about a population to determine which statement is supported by the sample information.

• Biostatistics assignment help

Biostatistics is the combination of statistics and biology. This is related to the study of how traditional statistics techniques are applied to public health and clinical trials. Biostatistics involves designing biological experiments, collecting and analyzing data from these experiments, and interpreting results.

• Arithmetic Mean assignment

Arithmetic mean is the simplest measure of mean or average of a collection  of data. It is the common measure of central tendency. It is equal to the sum of all values of the given data divided by the total number of values given.

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