Statistics are tools which can hep business perform most of

Reference no: EM13459468

Statistics are tools which can hep business perform many business functions. Please choose one of the following functions and discuss how statistics can be used for business purposes. Here are the areas of choice: quality assurance, risk and decision-making, forecasting, sales, budgeting, human resources, and advertising. Please discuss the usage, advantages and disadvantages within your chosen area. Also, please discuss how your chosen area might be used for statistical analysis in your organization.

Reference no: EM13459468

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