Application of Statistical Methods in Business Administration: A
Quantitative Study on Organizational Performance
1
Ms. Manjula,
2
Sharaschandra K S
1
Department of Statistics, S.D.M. Degree (Autonomous) College, Ujire 574240, India
2
Department of Business administration S.D.M. Degree (Autonomous) College, Ujire 574240, India
DOI: https://doi.org/10.51244/IJRSI.2025.120800378
Received: 04 Oct 2025; Accepted: 11 Oct 2025; Published: 16 October 2025
ABSTRACT
Statistical methods have become indispensable in modern business administration, offering structured
approaches for decision-making, performance evaluation, and strategic planning. This study investigates the
application of statistical methods in analyzing organizational performance across business sectors. A
quantitative research design was employed, using survey data collected from 200 mid-level managers across
manufacturing, services, and IT industries. Descriptive statistics, correlation, regression, and ANOVA were
applied to identify significant relationships between statistical methods usage and organizational performance
metrics such as productivity, profitability, and employee efficiency. Results indicate that firms adopting
advanced statistical tools demonstrate superior performance outcomes compared to those relying on traditional
approaches. The study concludes that integrating statistical methods into business administration significantly
enhances organizational performance, thereby justifying greater investment in statistical literacy and
technology integration.
Keywords-Statistical Methods, Business Administration, Quantitative Analysis, Organizational Performance,
Regression, ANOVA, Data-Driven Decision Making.
INTRODUCTION
In today’s competitive business environment, decision-making must rely on empirical evidence rather than
intuition. Statistical methods provide a foundation for businesses to collect, analyze, and interpret data in ways
that improve performance and competitiveness. Organizations increasingly employ statistical techniques to
assess productivity, evaluate employee performance, forecast demand, and optimize resources. The emergence
of big data and advanced analytics has further amplified the role of statistics in business administration.
Organizational performance, a multidimensional construct, encompasses financial success, operational
efficiency, customer satisfaction, and employee productivity. The application of statistical methods—such as
regression analysis, hypothesis testing, correlation, and ANOVA—provides businesses with structured
frameworks for identifying relationships, testing assumptions, and predicting outcomes. Despite their
importance, there remains a gap in systematically assessing how the use of statistical methods influences
organizational performance across industries.
This study addresses this gap by conducting a quantitative analysis of the relationship between statistical
methods usage and organizational performance.
LITERATURE REVIEW
Previous studies emphasize the role of data analytics and statistics in business decision-making.
Smith & Johnson (2017) found that regression models are widely used to forecast sales performance.