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What else can I help you with?
How statistics is useful in business management?
Statistics help businesses determine the best approach to attracting customers. Managers study demographics and learn how to market their products to customers.
What is importance of statistics?
Statistics is a branch of mathematics that deals with probabilities and the concept of relative certainty. Statistics are extremely important because, when calculated properly and reported accurately, they can give a very good estimate of the likelihood of a particular outcome and whether or not this outcome could be due to chance. For instance, consider the statement "New Drug X is best treatment for diabetes, study confirms". This is a pretty bold statement, particularly given the devastating consequences of diabetes and the myriad drugs currently prescribed to treat diabetes. Somewhere in the study, there should be statistical analysis of the data that will explain how the scientists determined "Drug X" was the best treatment for diabetes. Here you will find information such as the p value (which is a measure of confidence in the results), the CI (which is a measure of the range of uncertainty) and the actual calculated data value that demonstrates "Drug X" is the best treatment for diabetes. Without the statistics, you would not be able to demonstrate scientifically that "Drug X" was the best treatment for diabetes.
Why is statistics considered a science?
Statistics uses mathematics, which itself is the science of relationships between numbers. This would be my best layperson's answer. Good luck!
Evidence and facts and statistics that support your analysis are best incorporated into your?
logos
What is the level of measurement for body temperature in statistics?
Lebron James is the best basketball player in the world
Where can I take a statistics course?
There is no such thing as the best college to receive a statistics course. However, one of the websites that I strongly recommend to you is Virginia Tech.
How statistics is useful in business management?
Statistics help businesses determine the best approach to attracting customers. Managers study demographics and learn how to market their products to customers.
Which private university is best to study BBA in Bangladesh?
Of course it's AIUB...
What is the best course to study after mechanical engineering?
design courses are best like cad cam and relative
What is the best security training course I can take?
It varies. Inquire and talk to experienced schools about their programs and their success stories, as well as statistics and technicalities of progress and execution. In order to find out the best course, you have to figure out which is overall better.
I am confused over pure and applied maths If I want to go on to study statistics which area would it be best to go into pure or applied maths?
Statistics (and Probability) would generally come under pure maths.
What is best short term course for electrician?
There is a lot of short term courses or individual course to choose from such as Wiring and Protection course, Electrical Safety course, Electrical Fundamental course, Code update course, and Grounding & Bonding course. You can check the related link if you wish to take Electrician courses.
What is the best course to study after completing BSc electronics?
the best option after bsc electronics is to do MCA (master of computer application)
What will be the best course to study in Canada from job perspective and market demand?
The best course of study in Canada from a job perspective and market demand will be in a technical information field. More and more, today's society relies on technology instead of hands on in many different fields.
What is the best way to prepare CCIE Data Center Lab Exam in short time with 100 pass sureity and Which Website helpfull to find 100 real CFPS Exam Questions?
study and keep studying the materials of the course
Can Bujinkan be Mastered alone with the DVD Home Study Course?
Many people have stated that Bujinkan cannot be mastered alone with the DVD home study course. They have also stated that it is best to have an instructor teach Bujinkan in person.
Which scientist would study financial systems?
Economists are scientist that study financial systems. They look at different monetary policies to determine the best course of action as well.
