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What is the importance of business statistics in BCom?

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Business statistics in BCom is vital for data-driven decision-making, performance evaluation, market research, risk assessment, financial analysis, quality control, resource allocation, KPI measurement, market segmentation, and compliance/reporting. It provides a quantitative foundation for effective...
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Business statistics in BCom is vital for data-driven decision-making, performance evaluation, market research, risk assessment, financial analysis, quality control, resource allocation, KPI measurement, market segmentation, and compliance/reporting. It provides a quantitative foundation for effective business management.

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Statistics deals with collection intepretation prediction of data Many areas of statistics like trend analysis ,regression etc can be used to predict the future business demand .
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My teaching experience 12 years

Statistics deals with collection intepretation prediction of data Many areas of statistics like trend analysis ,regression etc can be used to predict the future business demand .
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