![]() ![]() ![]() Populations can be diverse topics such as all people living in a country or every atom composing a crystal. In applying statistics to, for example, a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Wikipedia Statistics Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. Wikipedia Mathematics Mathematics (from Greek mthma, knowledge, study, learning) is the study of such topics as quantity, structure, space, and change. Mathematics typically used in commerce includes elementary arithmetic, elementary algebra, statistics and probability.īusiness management can be done more effectively in some cases by use of more advanced mathematics such as calculus, matrix algebra and linear programming. Wikipedia Business Mathematics Business mathematics is mathematics used by commercial enterprises to record and manage business operations.Ĭommercial organizations use mathematics in accounting, inventory management, marketing, sales forecasting, and financial analysis. It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors. Simply put, it is any activity or enterprise entered into for profit. Business Mathematics And Statistics Pa Navneetham By pajostrecto1974 Follow | Public ![]()
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