How a business functions depends upon its decisions. The decisions which a business makes depend upon the market analysis. Market analysis is based upon the tools of business statistics. Every student of business statistics course has to be efficient to use the statistical tools in order to attempt business statistics assignments successfully. business can also found at BookMyEssay. Business stats provide analytical tools on the basis of information is gathered and delivered to the management for making future goals and strategies. It helps in the development of marketing policies, pricing policies and operational policies. The assignments related to business statistics need answers to some of the basic questions. These basic questions are the essence of the business statistics. Some of the questions are discussed below: