Statistics
is about acquiring and using information. However, the statistical result is not
the end product. Managers use statistical techniques to help them make
decisions. In general, statistical applications are driven by the decision
problem, which creates the need to acquire information. This in turn drives the
data‑gathering process. After the data is acquired, it must be converted
into information by means of one or more statistical techniques. The information
then becomes part of the decision process. We can think of the entire process as
a management information system (MIS). Statistical methods play a critical role
in the information system that ultimately produces a manager's course of action.
MS
Access Solutions can help you with all aspects of statistical analysis. The many
statistical routines in SAS/Stat and Excell provide efficient and thorough
analysis of your data. This software can be used to provide quality charts and
reports.
Some of the standard statistical procedures that are available include the
following:
| Confidence
Intervals
Hypotheses
testing
Sample
size determination
Analysis of variance |
Regression,
Multiple Regression,
General Linear Models
Reliabilility
Analysis, Probability
plotting, Weibull Analysis
Nonparametric
statistics |
Database
systems, such as sales or warranty data, often contain valuable information on
the quality or marketing attributes of a product. MS Access solutions has
experience in compiling any number of records, from 1 to hundreds of thousands,
to derive calculations which can be used in such areas as improving sales or
improving quality.