The Importance of Statistics to Decision-Making, Business Planning and Success in the Tourism Sector

By McHale S C Andrew – Executive Vice President, SLHTA

 “There are three kinds of lies: lies, damned lies and statistics.” These famous words were articulated by the 19th century British Prime Minister Benjamin Disraeli. His observation, while not calculated to please statisticians, was an early indication of the political and economic importance of statistics – but not the first.

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The Importance to Statistics to Decision Making

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