Economy, asked by asthav81pagnnm, 1 year ago

Statistics is indispensible in planning may be in business, economic or at government level. Explain

Answers

Answered by alinakincsem
4
Statistics are indispensable in planning may be in business, economic or at government level because; 

(i) It helps keep record of the growth or development of different processes. 

(ii) It helps the businessmen to assess their work. 

(iii) The government can use it to make future policies and plans. 

(iv)  It helps analyse the economic standing of the country. 

(v) It helps calculate the development in the country. 


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