In what ways can business statistics be useful in todays business environment?
Question:
In what ways can business statistics be useful in today’s business environment?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (13 reviews)
Statistical methods are useful in ...View the full answer
Answered By
Muhammad Ahtsham Shabbir
I am a professional freelance writer with more than 7 years’ experience in academic writing. I have a Bachelor`s Degree in Commerce and Master's Degree in Computer Science. I can provide my services in various subjects.
I have professional excellent skills in Microsoft ® Office packages such as Microsoft ® Word, Microsoft ® Excel, and Microsoft ® PowerPoint. Moreover, I have excellent research skills and outstanding analytical and critical thinking skills; a combination that I apply in every paper I handle.
I am conversant with the various citation styles, among them; APA, MLA, Chicago, Havard, and AMA. I also strive to deliver the best to my clients and in a timely manner.My work is always 100% original. I honestly understand the concern of plagiarism and its consequences. As such, I ensure that I check the assignment for any plagiarism before submission.
4.80+
392+ Reviews
587+ Question Solved
Related Book For
Question Posted:
Students also viewed these Mathematics questions
-
In what ways can large production runs and high inventory levels adversely affect product quality?
-
In what ways can sea level be lowered? What effect might the lowering of sea level have on existing life forms?
-
Virginia Semiconductor is a leading manufacturer of prime silicon substrates. The company, situated in Fredericksburg, Virginia, was founded in 1978 by Dr. Thomas G. Digges and his brother, Robert....
-
Mark Cotteleer owns a company that manufactures sailboats, Actual demand for Marks sailboats during each season in 2006 through 2009 was as follows: Mark has forecasted that annual demand for his...
-
Ms. Lorraine Brown owns a local gas station in Your Town, USA. She recently conducted an audit of the convenience store products and discovered that she had a high shoplifting percentage. In trying...
-
Given the following probability distribution concerning the number of Web sites visited almost every day: (a) Construct the probability histogram. (b) Find E(X), 2, and . ( 1 2 3 4 1234
-
A company markets ethylene glycol antifreeze in halfgallon bottles. A machine fills and caps the bottles at a rate of 60 per minute. The \(68{ }^{\circ} \mathrm{F}\) ethylene glycol \(\left(ho=69.3...
-
Blooper's analysts have come up with the following revised estimates for its magnoosium mine Conduct a sensitivity analysis using the revised data. Label your answers as follows: Range Initial...
-
The imposition of a ceiling on the length of time a criminal case should take to get to trial is a multifaceted issue, balancing the defendant's right to a timely trial with the complexities of...
-
Exercise 14-17 (Algorithmic) (LO. 1, 4) Prance, Inc., earned pretax book net income of $1,925,000 in 2020. Prance acquired a depreciable asset in 2020, and first-year tax depreciation exceeded book...
-
What was the primary use of statistics in ancient times?
-
In 2002, the Cinergy Corporation sold 35,615 million cubic feet of gas to residential customers, an increase of 1.1% over the previous year. Does this information represent descriptive statistics or...
-
Sara works for the City of Northbeck. The city calculates an employee's pension according to the following formula. Determine the average of the highest 3 years of annual earnings. Determine the...
-
Explore the role of Trade Unions in the representation of Worker Interests and how they and how they advance workers interests
-
Should the government itself become an insurer of last resort, or would betterregulation of the private insurance industry ensure better results?
-
What component in app inventor provides two functions : storevalue and getvalue ? Explain also discuss what is the function of storevalue and getvalue?
-
Evaluate the triple integrals SS zr sine r dz dr de where 0 r 2,0 0 /2,0 z 4
-
How should a healthcare worker respond if someone inquires about a patients medical records that is not authorized to receive this information?
-
Find the exact value of expression. Do not use a calculator. cot 4 4 csc 4 4.
-
A red card is illuminated by red light. What color will the card appear? What if its illuminated by blue light?
-
What kinds of statistical data play a role in an auto insurance firms decision on the annual premium youll pay for your policy?
-
For each of the following, indicate the scale of measurement that best describes the information. a. In 2008, Dell Corporation had approximately 78,000 employees. Source: Fortune, May 4, 2009, p....
-
Most undergraduate business students will not go on to become actual practitioners of statistical research and analysis. Considering this fact, why should such individuals bother to become familiar...
-
Differentiate between a scalar value and a vector value.
-
Now that the supplier of the nori has been chosen and the transportation method selected, you turn your attention to the downstream side of the supply chain -- the marketing (distribution) channels....
-
Mandy Murphy, owner of Murphy and Co. (Saint John, New Brunswick), gave the following list of assets and liabilities to a public accountant and asked him to prepare a balance sheet for the company as...
Study smarter with the SolutionInn App