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regression
Submitted by Jonathon Neil on Wed, 09/12/2012 - 18:15
Most business leaders have encountered statistics at some point in their careers, but I suspect for many this was in their undergraduate coursework and they never really looked back. The implication of this is that many businesses do not actively use statistics in their decision-making framework. I think there are two reasons for this. First, they may be interested in applying statistics but the cost is prohibitive. SAS and SPSS are expensive packages for small and medium sized businesses.
