(Answered) Statistical techniques are used extensively by marketing

Management Studies

Statistical techniques are used extensively by marketing, accounting, quality control, consumers, professional sports people, hospital administrators, educators, politicians, physicians, etc...

As such a strong tool, statistics is often misused. Everyone has heard the joke (?) about the statistician who drowned in a river with an average depth of 3 feet or the person who boarded a plane with a bomb because "the odds of two bombs on the same plane are lower than one in one millionth".

Can you find examples in the popular press of misuse of statistics?

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Business Management, Management Studies

Category:- Business Management
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