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Originally Posted by Lenny2
You know which company is a real stats freak?
Wal-Mart.
They have so much data at their fingertips it's scary, and they use all of it to generate more sales and cut costs at every stop on the distribution chain.
We could learn something from that
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I just watched a news report on Walmart the other day... WalMart has the 2nd largest data center/computer system in the world, second to the Pentagon. They store all the details on every receipt for two years. They even track the weather, to forecast sales (example: people buy more pop-tarts before hurricanes).
I think the reason we dont care as much about stats, is because we have a product that never runs out and we don't have to worry about distrubution because customers come to us. Also we have a world wide market place, all the different cultures, locations, races, languages, etc make statistics very difficult, just because one thing works here doesnt meant it will work elsewhere, which creates a large margin or error.