what is the importance of statistics in trade, commerce and business?
Answers
Answered by
3
Heya mate...
Statistics play an important role in business. A successful businessman must be very quick and accurate in decision making. ... Statistics helps businessman to plan production according to the taste of the costumers, the quality of the products can also be checked more efficiently by using statistical methods...
HOPE IT HELPS UH ❤️
Answered by
1
Answer:
because it helps to know the daily profits or loss.
Step-by-step explanation:
Similar questions