In the contemporary digital economy, data has emerged as one of the most critical assets for businesses with organizations generating unprecedented amounts of data. Combined with sophisticated analytical tools and massive computing power, businesses can now be truly driven by data to more informed business and strategic decisions. The book discusses various statistical data analysis tools used in business decision making and how to perform these tools using MS Excel. Each tool is discussed using suitable cases and examples from business and the step-by-step procedure in Excel is elaborated with screenshots of each step. The book focusses on building skills in effectively using Excel in the context of business applications of statistical data analysis tools. Simple and easy to understand the approach used in the book will help even readers with no prior knowledge of Excel or statistical tools. After reading the book, the reader will be able to: create and edit Excel spreadsheets; create pivot tables; visualize data; make statistical inferences using ANOVA, correlation, and regression; perform time series analysis, and execute statistical quality control tools.
There are no reviews yet.