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Established businesses to track business

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Reference no: EM133291103

In this forum create a post in which you provide your perspective on the importance of Business Statistics from one of the following topics;

1. Why is important for new or established businesses to track business related outcomes using statistics.

2. Why is it important to display outcomes graphically, using charts and graphs?

3. Why is it important to understand differences in numerical types; such as quantitative and qualitative types.

4. Why is it important for a business understand and predict the probability of an business financial or production event?

Reference no: EM133291103

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