Statistics are the numerical records of facts which has the potential to be assessed and analysed as well as to be passed on as a form of study material for methods employed in understanding, analysing, organising and more functions of the said numerical records or data. The scope of statistics, unlike popular belief, is not bleak. Opportunities extend towards economics, trade, sale and more and the study of economics is incomplete without statistics. Statistics and its function are of utmost importance for the success of an organisation. It helps the people of the firm understand the current situation of firm, both in terms of finance and productivity. It also helps plan and foresee an effective pattern of business and much more. Head over to the presentation to find out more

Abhijith S

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