what is the relationships between statistics and accounting
Agriculture uses statistics, statistics does not use agriculture.
Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.
Information obtained from the sample can be extrapolated to the whole population using statistics.
inferential statistics
relationship of health and economics relationship of health and economics relationship of health and economics
Many aspects of Economics depend on independent decisions made by a very large number of participants. These actions can be estimated by statistics, and statistical models fitted to economic processes.
what is the relationships between statistics and accounting
importance of statistics in field of economics
Econometrics is basically applied statistics. The theory you learn in statistics can be used to answer questions posed in the field of economics. Because this application is mathematical, it allows economists to perform research using economic data in an empirical, scientific, and rigorous manner.
Agriculture uses statistics, statistics does not use agriculture.
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It helps in summarising the data It helps in making polices It gives information in a precise and exact form It helps to find out the relationship between economic facts
specifis application of statistics to economics or business
There is a relationship between thermodynamics and statistics. For more detail than you can probably handle, check out the book Statistical Thermodynamics by McQuarrie.
There is a strong relation between economics and statistics.Bcoz in both we make graphs:-)
what is the relationship between economics and human resourse manegement