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Perhaps one of the most overlooked industries when discussing Statistics and Analytics is Logistics. Business Statistics is the base for determining good logistics; and combined
Perhaps one of the most overlooked industries when discussing Statistics and Analytics is Logistics. Business Statistics is the base for determining good logistics; and combined with data analytics/science, the logistics world is quite fascinating! Watch the video belowthat goes into detail on how Amazon's complex shipping system operates. Then answer the following questions: 1. What does this video make you realize about business statistics? Do you view any areas of statistics differently now (i.e., sampling, probability, etc)? 2. Research what complexities arise within the business statistics world (this can be in general or specific to an organization of your choosing). Describe those complexities and explain why these issues arise and how you can prevent them. 3. Do some additional research on positions offered at Amazon. What position interest you the most? What ways could you use that position to incorporate business statistics methods at Amazon to make logistics better
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