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Use of statistics in business?
Managers use statistics to assess risks. When a project has a high probability of being unsuccessful, managers will avoid the project.
What Key numbers financial managers use to calculate ratios?
Balance sheet and income statement
Use immeasurable in a sentence?
The benefit that hosting the games has is almost immeasurable.
Jobs that use probability?
Jobs that use probability include: Statisticians Mathematicians Actuaries Financial Modellers and Risk Managers Economists Gaming Designers ---------------------------------------------------------------------------------------------------------------------------------------------Sports Casters (they give a probably of the scores in a game)
What is the application statistics in business?
Statistics help managers make decisions. They use statistics when it comes to production and hiring employees. Statistics are everywhere in the business world.
