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Math is all about figures and symbols. It is without doubt one of the branches of Mathematics and it is principally concerned with the gathering, Investigation, and Screen of data.
Statisticians can help firms make sense of sector developments and develop alternatives to adapt and prosper in modifying environments. This incorporates employing statistics to help make better projections regarding how Those people environments are very likely to carry on to alter.
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In brief, when looking for to comprehend enterprise statistics or statistical approaches in business enterprise and economics, we have to operate from a foundation of the more specific methodology of statistics.