Question

Please describe Types of statistics used for business

Please describe Types of statistics used for business

Homework Answers

Answer #1

statistics used for business in both descriptive and inferential methods. Descriptive statistics are used to describe a full set of numbers and summarize data. ... Whether you work in marketing, finance, logistics, operations etc......

This inferential statistics and descriptive statistics are used to improve and monitor over all buisness organizations...

Note-if there is any understanding problem regarding this please feel free to ask via comment box ..thank you

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