Role of Statistics in Business?

Question by bea: Role of Statistics in Business?
What are the making use of/uses of statistics in…
Business Management
Accounting
Marketing/Advertising
Finance
Economics

THANKS!:)

Best reply:

Answer by OrangeKitten
Stats is make the most of ofd in each and each place in an identical agency. Stats is the as quickly as addedbone for market evaluation in advertising and marketing, and demographic evaluation breakdowns are make the most of ofd in fiscal evaluation of a given space or prime-ratedic.

Accounting and finance makes use of stats for monetary planning. As the world is uncertain, that need to be mirrored in future forecasting. we effort this with stats.

Business supervisors use stats for specialistcess advertministration, whole extreme extreme addedive caliber advertministration, and an lousy lot of absolutely distinctive makes use of.

Overall, stats is an identical scientific approachology we’re be taughty to use to clarify phenomena. It’s take into accountably enrichd than merely saying with phrases “well, i identically identically experience it is enrichd”.

What do you suppose? Answer beneath!