All Posts in Business Statistics

In: Business|Last Updated:
Read this article to learn about the Importance (why statistics are important) and Limitations of Statistics… Importance of Statistics Importance of statistics can be classified into different fields such as:- 1. Importance of Statistic in Economics: The contribution of statistics to the field of economics is commendable. Nowadays, solving any financial problem is not possible… (0 comment)
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In: Business|Last Updated:
Read this article to understand the scope and nature of statistics… Scope of Statistics The following things are included under the statistics area:- Subject Matter of Statistics Nature of Statistics Limitations of Statistics. 1. Subject Matter of Statistics: The subject matter of the statistics can be divided into two parts:- (i) Statistical Methods: Data are… (0 comment)
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