Why Do Business Analysts Use SPSS Rather Than Performing Calculations

question 15

Multiple Choice

Why do business analysts use SPSS rather than performing calculations by hand?

• A) Quantitative data analysis is so complex today it is essential to use a stats package.
• B) It reduces the chance of making errors in your calculations.
• C) It equips you with a useful transferable skill.
• D) All of the above.

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Definitions:

Gross Profit

The difference between revenue and the cost of goods sold, before deducting overheads, salaries, and other operating expenses.

Net Income

After deducting taxes and expenses from its revenues, the resultant profit of a company.