Businesses closely analyse data and statistics to work out what they are doing right and what is working for the company; while also determining what needs immediate attention or changing if things are not going so well. Therefore without detailed statistics to draw on, businesses would be running their companies blind-folded; which can result in complete disaster.
Every business plan starts with extensive research and this is all compiled into statistics that can influence a final decision. Many businesses need to apply for bank loans when they are starting out or when growth is initiated. The bank will only grant a loan if they can see extensive statistics to indicate the business will make the money they claim and thus will be able to repay the loan. If a business went to a bank without any statistical evidence, it is extremely unlikely the bank would approve the loan request.
Statistics aid development and learning, so their role in business should never be underestimated. The traditional business model would simply not work without access to detailed statistical reporting as any direction would be lost and keeping track of finances would be almost impossible.