Business Statistics

Many businesses use statistics to evaluate performance. Business statistics involves aspects of math, management and market research that aid in the decision making process within a business. Read on to learn about relevant education options.

Inside Business Statistics

Statistics is used in several aspects of business, such as budgeting, tax preparation, proposals and data mining. The business statistics career field uses statistical techniques, such as data sampling and analysis, to assist in making decisions about potential business ventures and existing company practices. A business statistician might analyze data to create new marketing techniques or understand investment risk.

Education Information

A degree in business statistics helps to develop a student's business skills through analytics and economic studies. Students should enjoy math, computers and science since those are usually the educational areas that a degree in statistics will focus on. Business statistics is offered at the bachelor's, master's and Ph.D. level. Some business statistics courses may include price theory, income theory, ethical environments, forecasting, regression, sampling theory and modeling. For available business statistics degree options, review the Study.com articles listed below.

Distance Learning Options

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