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How Are Statistics Applied
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How Are Statistics Applied in Today s Businees Environment
...... This step is a tremendous one for future employers as it offers them a basis on which to further build and add new statistics information, through training or through direct practice, and enjoy the result of a highly skilled and capable employee, who is able to implement statistics within the business decision making process. Otherwise put, the goal of statistics education in business schools is that of teaching students to think statistically, to become educated consumers of statistical expertise and to communicate well with nonstatisticians (Wild, 1994)
Given this great role of statistics within the educational process, it is no wonder that intense efforts are being made to enhance the effectiveness of statistics within not only the business community, but also within educational institutions. This task of enhancing the effectiveness of statistics falls in the hands of the MSMESB conferences, or Making Statistics More Effective in Schools of Business, launched as early as 1986 (Love and Hildebrand, 2002)......
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