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 87 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
YES! Correct, THANKS for helping me on my review

Hdosisshsbshs

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

According to research, pregnant women tend to eat more if carrying a baby boy. Male fetuses may secrete a chemical that stimulates their mothers to step up her energy intake.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Best Statistics Question Best Statistics Question
The proportion of men and women with elevated blood pressure or taking hypertension medication incre The proportion of men and women with elevated blood pressure or taking hypertension medication incre
Emerging adults often feel adult in some ways but not others. Emerging adults often feel adult in some ways but not others.
Statistics on how Americans commit suicide Statistics on how Americans commit suicide
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Business question Business question
Video: Supine Position

For a complete list of videos, visit our video library