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Business Statistics Tutor

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Top Business Statistics Tutors!

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Divya R

Student’s Rating 4.97/5

Divya R Tutor Photo
Knowledge 94%
Speed 100%
Accuracy 99%
  • Business and Managerial Statistics Tutor for live tutoring, Online homework and exam help. With or without  statistical tools like Matlab, MINITAB, EXCEL, R, JMP etc

Neeraj K

Student’s Rating 4.93/5

Neeraj K Tutor Photo
Knowledge 97%
Speed 95%
Accuracy 97%
  • Tutor for Business Statistics. Also get instant help with your exams and assignments on WhatsApp.

Shubhendu M

Student’s Rating 4.96/5

Shubhendu M Tutor photo
Knowledge 99%
Speed 96%
Accuracy 94%
  • Business Statistics Tutoring sessions can help you learn the course better. Also, get help with homework and projects, etc., in real-time. Available on WhatsApp.

Testimonials

MEB has top business statistics tutors

I was stumped with business statistics in my business management course. Being highly mathematical it was not easy for me as I like case studies more than math based subjects. MEB saved me from failing and they did not charge a lot.

Dana
University of Colorado

Homework help in business stats

My professor had assigned almost 200 homework questions in Canvas and I had only 2 weeks to finish them. I could solve only 150 and remaining 50 I could not even after many attempts. Tutor Vikram helped me with those questions and provided step by step explanations.

Salem
University of Sharjah

SPSS,Excel, Matlab and Minitab experts

Our professor is a big psycho. He use all the tools like excel, SPSS, R,Excel, Matlab and Minitab in his Statistics course. Even though I knew how to solve the problems but knowing all the tools was a big headache. I saved myself by using the HW help services of MEB.

Nour
University of Jordan

Business Statistics topics

We offer following tutoring services in Business Statistics:

  • Live Online Homework Help,
  • Live Online Tutoring Sessions,
  • Lab Reports & Projects

We can help with:

Minitab, SPSS, JMP, Anova,

Microsoft Excel, R Programming,

Python and MATLAB etc.

The usual topics for which students book online Business Statistics tutor sessions are:

  • Basic data descriptors
  • Box plot and Standard deviation
  • Chebyshev’s theorem
  • Statistical distributions (Binomial distribution, Normal distribution, Poisson distribution)
  • Covariance, correlation, and causation
  • Random variables and probability
  • Central limit theorem
  • Sample and population data
  • Calculating sample size
  • Confidence interval
  • t-statistic and z-statistic

  • Hypothesis testing and its logic
  • Single tail and two tail hypothesis tests
  • Type I and II errors in hypothesis tests
  • Hypothesis test for difference in mean
  • Paired t-test
  • Linear regression
  • Residuals, errors, and R-square
  • Using p-values in linear regression
  • R-square and Adjusted R-square: The ‘Goodness of Fit’ measures
  • Multicollinearity and dummy variables
  • Interpretation of coefficients

Best Business Statistics Tutor

Top tutors. Top grades in Statistics!

At MEB, our experienced Online Statistics tutors specializing in Business Statistics and Managerial Statistics have helped students worldwide with private online tutorials. Are you seeking to learn the fundamentals of business statistics or master advanced concepts? You can get it from our affordable and round-the-clock business statistics online tutoring and homework help services.

It is easy to book business statistics sessions by contacting us on WhatsApp. Once you book a session by making the payment with PayPal, you will get a confirmation for it. Before the session, you will get a link to an online whiteboard. The tutor will join you on the online whiteboard with audio and file-sharing support.

How our tutors can help you with Business Statistics

The online business statistics tutors at MEB are well versed and fully equipped to help students from many counties across the globe with various tasks. You can get help from our business statistics teachers for:

  • complete tutorials in the business statistics course syllabus
  • problem-solving techniques and shortcuts
  • exam preparation
  • grade improvement
  • working with statistical applications and tools
  • a crash course in business statistics
  • understanding class notes
  • homework help
  • project work
  • preparing a formula sheet

What is Business Statistics?

Business statistics uses elementary statistics and its data analysis tools for business applications. Companies and organizations use business statistics for intelligent decision-making in uncertain situations.

In this digital era of information technology advancement, it is easy to access vast amounts of data and statistical information. However, that doesn’t automatically translate to sound business decision-making. Increasingly, business owners and leaders are realizing the significance of the ability of business statistics for data for their organization’s operations and growth.

Business managers use business statistics to analyze past performance, predict future business practices, and lead organizations effectively. Business statistics can predict market trends, help allocate advertising budgets based on performance, derive pricing strategies, and sense changes in consumer demand.

Statistical data is no longer just of academic importance. Almost all the departments in a typical business firm, like finance, marketing, production, logistics, and human resource management, use business statistics tools to support their work. For example, estimating the demand for production or gauging the future raw material cost is the domain of business statistics. Managerial Statistics is commonly used in place of Business Statistics.

Where is Business Statistics used?

Due to its data analysis and business modeling capabilities, business statistics is prevalent in many disciplines across companies and organizations. The main sectors and applicators are econometrics, financial accounting, production and operations, auditing, and marketing research. The chief activities for which leading companies and organizations use are:

  • Investment management – debt and equity analysis requires heavy usage of statistics. The statistical analysis capabilities can be a distinguisher and a differentiating factor.
  • Market research – market research is mainly reliant on good statistical analysis for its efficacy
  • Product development – it may not seem obvious, but statistical inputs are vital in all stages of new product development
  • Forecasting – business forecasting is almost entirely based on business statistics tools and techniques

Textbooks for learning Business Statistics

These are some of the best business statistics books prescribed by the tutors:

  • Business Statistics by Norean Sharpe, Richard De Veaux, Paul Velleman. Publisher – Pearson
  • Business Statistics by Robert Donnelly Jr. Publisher – Pearson
  • Research Methods in Business Studies by Pervez Ghauri, Roger Strange, Kjell Grønhaug. Publisher – Cambridge University Press
  • Statistics for Business & Economics by David R. Anderson, Thomas A. Williams, Dennis J. Sweeney. Publisher -‎ Cengage Learning
  • Business Statistics – A Decision-Making Approach by David Groebner, Phillip Fry, Patrick Shannon. Publisher – Pearson
  • Business Statistics in Practice: Using Data, Modeling, and Analytics by Bruce Bowerman, Richard O’Connell, Emilly Murphree. Publisher – McGraw-Hill
  • Statistics for Business – Decision Making and Analysis by Robert Stine, Dean Foster. Publisher – Pearson
  • Business Statistics and Analytics in Practice Paperback by Richard O’Connell, Emilly Murphree, Bruce Bowerman. Publisher – McGraw-Hill Education
  • Applied Statistics in Business and Economics by David Doane, Lori Seward. Publisher – McGraw-Hill Education

Tools and applications used for Business Statistics

Nowadays, the volumes of data and information that companies and firms analyze can’t be processed without statistical software packages specifically programmed for advanced statistical analysis. These tools simplify this process by providing insights, research, and results that aren’t possible by human calculations. Some of the most widely used business statistics tools are:

  • SPSS
  • MATLAB
  • R
  • SAS
  • Microsoft Excel
  • Minitab

Related: Online Statistics Tutor | Applied Statistics Tutors | BioStatistics Tutor