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What is the role of probability for making inferences in business research?
Examine the role of probability for making inferences in business research.
What is the role of statistics in socio economic planning and policy formulation in India?
role of statistic would be more general to every one as there will be proper statistical figures
Importance of statistics indifferent fields of life?
A statistic is the result of applying a proper function (algorithm) to a set of data available to us. Its statistical theory defines statistic as a function of a sample or a selected thing where the function itself is independent of the sample's distribution and separation. Statistics can be used in various fields from simple to complex. We may use it for counting things. We may use it in mathematics. Its main use is in research tasks. It makes our data compilation easier than ever before. It is all about simplification of things in a real world. It is playing a vital role in calculations in science subjects. It is helpful to keep and improve the record of an organization. business management is incomplete without education of statistics. This shows that statistics is playing a role in all of the fields, it has a role in buying fruits from market and it has a role in a big business deal as well. So we cannot deny its important and animated role in any way.
What are the benefit of inferential statistics in Psychology?
Populations, parameters, and samples in inferential statistics. Inferential statistics lets you draw conclusions about populations using small samples. Consequently, inferential statistics provide enormous benefits because typically you can not measure and entirepopulation.Roll no: 18-237
What is the role of mathematics in business management?
Mathematics plays a crucial role in business management by providing tools for analyzing, interpreting, and making decisions based on quantitative data. Concepts such as statistics, calculus, and linear algebra are used to forecast trends, optimize processes, and evaluate financial performance. Mathematical models help in risk assessment, resource allocation, and strategic planning, ultimately aiding in the efficient operation and growth of businesses.
What is the role of needs in business cycle?
explain the role of needs in the business cycle
Explain the role of information in business planning?
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How can explain the role of government in regulating business in India?
The Indian Government play many roles in Business..like..Grant PermissionContact EnforcementConsumer ProtectionEmployee protectionEnvironmental protectionandTaxation
Explain the role of finance in modern business?
Finance like loans and investments helps in the formation of new businesses and lets businesses grow.
How do you explain the role of science in production process?
explain the role of science inproduction process
What is the role of Internet agent and explain the Role of consumer goals on the Internet?
What is the role of Internet agent and explain the Role of consumer goals on the Internet ?
What category of job your looking for and why explain in detail?
What category of job are you looking for and why? explain in details.
Explain the role of cooperative sector in production and supply of fertilizers?
explain the role of coperative secter in production
What is the role of insurance in business world?
What is the role of insurance in business world
Role of computer in business application?
role of computer in business application
Role of ethics in business success?
role of ethics in business success
Explain the role of SWOT analysis as a tool of facilitating strategic choice at the business level?
Managers use SWOT to determine what opportunities they would like to go after within the market. At the business level, this impacts what products are produced each day in a manufacturing business.
