Learning Objectives In this chapter, you will learn: . Why statistics is important . How statistics is used in business . The sources of data used in business The types of data used in business The key terms The basics of Microsoft Excel Statistics for Managers Using Microsoft Excel Chap 1-12Learning Objectives In this chapter, you will learn:  Why statistics is important  How statistics is used in business  Th e sou ces o data used bus ess sou rces of data used in business  The types of data used in business  Th k t e key terms  The basics of Microsoft Excel Statistics for Managers Using Microsoft Excel Chap 1-12