what is the importance of statistics?
Stastics produce reliable information relative to project management as opposed to myths and rules of thumb that are developed more randomly and with less reliability. .,
importance of computer system in the study of statistics
no
statistics is important as it helps in problem solving.
importance of estate management
important of statistics in estate management
Statistics help managers understand trends that affect their business. With statistics, managers can justify making changes to policies and strategies.
what is the importance of statistics?
Oh honey, statistics are like the bread and butter of economics. They help economists make sense of all that messy data and draw conclusions that actually mean something. Without stats, economics would just be a bunch of fancy theories with no real-world application. So yeah, statistics are pretty darn important in the world of economics.
importance of basic statistics
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appraise the importance of statistics to human activities
importance of statistics in field of economics
Statistics is crucial in Nigeria for various reasons. It helps in monitoring and evaluating the country's economic growth, informing policy decisions, and assessing the effectiveness of government programs. Additionally, statistics play a vital role in identifying trends, patterns, and disparities within the population, which is essential for targeted interventions and resource allocation. Overall, accurate and reliable statistical data is fundamental for evidence-based decision-making and sustainable development in Nigeria.
Stastics produce reliable information relative to project management as opposed to myths and rules of thumb that are developed more randomly and with less reliability. .,