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Is statistics becoming the number one discipline for business and industry?

Wynn, Henry and Ograjensek, Irena (2010) Is statistics becoming the number one discipline for business and industry? Quality and Reliability Engineering International, 26 (8). pp. 789-793. ISSN 0748-8017

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Abstract

The potential of statistics to emerge as the leading discipline in business and industry has been examined by researchers. This scientific method refers to a body of techniques for investigating natural and social phenomena. Statistics is emerging as the leading discipline, as statisticians have made significant advancements in data-mining-oriented methods, such as regression trees and the ubiquitous PCA and PLS. The separation of the wide field of statistics into sub-areas has the usual limitations of a taxonomy. It is essential to look for themes that can serve as a second axis of classification and help to determine the future. A very important theme within the role of statistics in product life-cycle is the distinction between online and off-line activities.

Item Type: Article
Official URL: http://eu.wiley.com/WileyCDA/WileyTitle/productCd-...
Additional Information: © 2010 John Wiley & Sons, Ltd.
Library of Congress subject classification: H Social Sciences > HA Statistics
H Social Sciences > HF Commerce
Sets: Research centres and groups > Decision Support and Risk Group (DSRG)
Rights: http://www.lse.ac.uk/library/usingTheLibrary/academicSupport/OA/depositYourResearch.aspx
Date Deposited: 20 Mar 2011 14:54
URL: http://eprints.lse.ac.uk/33370/

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