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Statistics
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Statistics is the use of data to helpdecision maker reach better decision.
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Stages in a statistical investigation:3.Collection.4.Organization.5.Presentation.6.Analysis7.Interpretation.
 
Collection of data…….
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Data can be collected from threesources:2.Secondary source.3.Internal records4.Primary source.
 
Collection of data…….
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Secondary source
: Journals,reports etc.
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Internal record
: Routinebusiness record keeping likeaccounting, sales etc.
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Primary Source
:4.Questioning.
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