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Statistics and Analytics Management

Statistics and Analytics Management

Copyright: © 2021 |Pages: 18
ISBN13: 9781799843429|ISBN10: 1799843424|ISBN13 Softcover: 9781799865995|EISBN13: 9781799843436
DOI: 10.4018/978-1-7998-4342-9.ch010
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MLA

Angelo A. Camillo. "Statistics and Analytics Management." Strategic International Restaurant Development: From Concept to Production, IGI Global, 2021, pp.351-368. https://doi.org/10.4018/978-1-7998-4342-9.ch010

APA

A. Camillo (2021). Statistics and Analytics Management. IGI Global. https://doi.org/10.4018/978-1-7998-4342-9.ch010

Chicago

Angelo A. Camillo. "Statistics and Analytics Management." In Strategic International Restaurant Development: From Concept to Production. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-4342-9.ch010

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Abstract

This chapter introduces the concept of statistical analysis and analytics management in the contest of food and beverage data analysis and business decision modeling. It lays the foundation for a broad understanding of statistical analysis in general, the meaning of analytics, and the advantages of using statistical data analysis. It emphasizes the relationship between a statistical application, analysis, and business relation using basic statistical information in the decision-making process. It shows various formulas, tools, and techniques for self-conducted analysis in small and medium-size foodservice operations.

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