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Kaela Mosciski

Lvl 9
3y ago

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Continue Learning about Math & Arithmetic

What is the Applications of statistics in banking and finance?

statistics has nothing to do with real banking but it has scope in research and development department as in every r & d sector it uses tables and graphs and measures of central tendency to show the real result or expected one etc.


What is the importance of statistics to banking sector?

Banks take your money and invest it into the stock-market and there is a trillion different ways statistics are use to analyze stocks. Basically the banking industry would collapse without statistics, or if a bunch of stupid people were in charge of it.


How do you analysis a circle graph?

Analysis a circle graph through graphs and sociograms, Kinds of graphs, level of measurement, Each sector represents a part of the whole or circle is then split into parts,or sectors.


How tertiary sector differ from the other two?

Our economy has been segregated into three different sectors namely primary, secondary and tertiary. PRIMARY SECTOR: this sector is related to agriculture. We form products by exploiting the nature. Eg cotton. SECONDARY SECTOR: this sector is related to industrial activities. products are made by the ways of manufacturing in industries. Eg cotton(primary product) is converted to cloth in industries(secondary product), biscuits,etc. TERTIARY SECTOR: this sector is the service sector which rather than producing goods provides services to the people. this sector helps in the upliftment of the primary and tertiary sector. EG. transport, banking, communications, storage, trade,etc. it also includes professionals such as lawyers, doctors, teachers, professors, etc. Now a days ATM machines, IT industries are also a part of the tertiary sector.


What is Argentaria?

Argentaria was a Spanish banking institution that emerged in the 1990s, primarily known for its focus on retail banking and financial services. It was established as a state-owned bank and later privatized, becoming part of the larger financial group Banco Bilbao Vizcaya Argentaria (BBVA) in 1999. The bank played a significant role in modernizing Spain's banking sector and expanding its services. Today, BBVA continues to operate as a major player in both domestic and international banking markets.