BUS 308 Final Paper

 

The process of data analysis is that of turning data into significant information. Whilethere are no hard and fast distinctions for analyzing statistical data, ensuring that you have a methodical approach is vital to an accurate analysis. Transforming data intostatistical information and then communicating it accurately is a crucial dynamic of effective decision making.  Once a policy has been implemented, it is necessary to monitor and evaluate the effectiveness of that policy.  As Othman (2005) states, ‘Good statistics, therefore, represent a key role in good policy making.” The impact of policy can be measured with good statistics.
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