One nice thing about mathematics is that it is the same in every language and has only one solution to a problem. Wouldn’t it be nice if every problem had only one correct answer and, so long as you knew the rules, you could find that one true answer to every question?
Successful entrepreneurs understand the power of mathematics. Being able to convert every situation that requires a decision into an arithmetic equation is an essential tool for success. Collecting and scrutinizing your business data to determine trends is called statistical analysis.
How can you create a decision support system using statistical analysis for your business?