Question

Explain role and importance of research in managerial planning and decisoon making

Answer 1

Explanation:

ancestral houseTo calculate the standard deviation for a sample of N measurements:

Sum all the measurements and divide by N to get the average, or mean.

Now, subtract this average from each of the N measurements to obtain N "deviations".

Square each of these N deviations and add them all up.

Divide this result by. (N − 1)

Answer 2

Explanation:

The managerial research is important because managers at all stages require timely and exact information for decision making. Whatever the decision making stage is, whether it is of tactical, operational or strategic level, the accurate information are required to for better decision making.