Applying statistical analysis skills to real-world decision making is key in modern business and it can...

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Applying statistical analysis skills to real-world decisionmaking is key in modern business and it can make a company to beahead competitively. Even in todayâ€™s workplace, you can have animmediate competitive edge over other new employees, and even thosewith more experience, by applying statistical analysis skills.Chose any company that you have observed that it is not utilizingits data as your case study. Do some background research on thecompany? Write an essay (report) outlining some statistical dataanalysis that the company can use in its decision making. Relatehow data analysis can be attained by using built-in R-programmingpackages or functions.

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With the changing global landscape of how businesses are being conducted ie we are no longer an economy of products and services Today data is the new oil Proper analysis of data has the ability to draw out such meaningful insights that may go unnoticed otherwise Statistical analysis plays an imperative role in driving todays core enterprise business activities from strategy to operations Unfortunately a study conducted by Forbes Magazine stated that even See Answer

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