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The practice of gathering, analyzing, and explaining numerical data is known as statistics. It’s most frequent in the corporate world. Company statistics methods are employed in practically every area, including government, private, health and medical, and business administration, among others. Gathering, categorizing, summarizing, organizing, assessing, and interpreting data are all part of this process. The ideas covered in business statistics are as follows.
- Distributions of probabilities
- Mean in Arithmetic
- Programming in linear form
- Testing hypotheses
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