This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In what ways can statistics be useful in today's business ... (Read 53 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
on: Jun 24, 2018
In what ways can statistics be useful in today's business environment?

Question 2

What was the primary use of statistics in ancient times?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Reply #1 on: Jun 24, 2018
Answer to Question 1

Statistics can be used to describe information, to analyze data, to reach conclusions, and to make decisions in all facets of business today.

Answer to Question 2

In ancient times, statistics was mainly employed for counting people or possessions to facilitate taxation.


Davideckstein7

  • Member
  • Posts: 555
Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

The Sun Today and as a Giant The Sun Today and as a Giant
Sample budget spreadsheet form for first year of business. Sample budget spreadsheet form for first year of business.
Different ways to test hypotheses Different ways to test hypotheses
Astronomy Today, 8/E Astronomy Today, 8/E
Odds please I need it today Odds please I need it today
Business Math Business Math
Video: Dissociative Disorders (Part 2)

For a complete list of videos, visit our video library