THE USE OF STATISTICAL DESCRIPTIVE METHODS IN THE STUDY OF THE ECONOMIC AND SOCIAL SITUATION OF INDUSTRIAL ENTERPRISES

Authors

  • Mehdi Baghirov Azerbaijan State Oil and Industrial University Author

DOI:

https://doi.org/10.67304/2707-9317/2026-2/12-22

Keywords:

industry, enterprise, economic and social situation, statistical research, visual representation tool

Abstract

The purpose of the research is to investigate the systematic and comprehensive approaches to studying the economic and social situation in enterprises and organizations that differ by their industry affiliation in the modern era, to provide multifaceted perspectives on these approaches, and to characterize them using statistical description methods.

Research methodologyuse of observation, grouping, comparative analysis, induction, deduction, absolute and relative quantities, and balance methods.

Research resultsObtaining general information about the laws, progressive methods, and transformation mechanisms of the material, financial, etc., benefits that will be obtained directly or indirectly from the work to be carried out on the basis of the “industry–statistical visual representation tools” tandem.

Theoretical and practical significance of the researchthe use of the dataset presented for the industrial sphere in both theoretical studies and practical applications, and the enhancement of the informational level of industrial activity presented with the help of visual representation tools.

Originality and scientific novelty of the researchthe application of different forms of visual representation to the country's industrial system, either through scientific research or by utilizing opportunities from the international environment, and through these, innovation, inclusivity, efficiency, and responsiveness in various situations, formation of the necessary database based on principles such as innovation, inclusivity, efficiency, responsiveness, and harmony in various situations through the application of different forms of visual representation tools.

Author Biography

  • Mehdi Baghirov, Azerbaijan State Oil and Industrial University

    The Faculty of Economics and Management

    The Department of Industrial Economy

Published

2026-07-28