UrbanPro

Take BCom Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

What is the importance of business statistics in BCom?

Asked by Last Modified  

3 Answers

Follow 2
Answer

Please enter your answer

Business statistics in BCom is vital for data-driven decision-making, performance evaluation, market research, risk assessment, financial analysis, quality control, resource allocation, KPI measurement, market segmentation, and compliance/reporting. It provides a quantitative foundation for effective...
read more
Business statistics in BCom is vital for data-driven decision-making, performance evaluation, market research, risk assessment, financial analysis, quality control, resource allocation, KPI measurement, market segmentation, and compliance/reporting. It provides a quantitative foundation for effective business management. read less
Comments

Statistics deals with collection intepretation prediction of data Many areas of statistics like trend analysis ,regression etc can be used to predict the future business demand .
Comments

I am online Quran teacher 7 years

Statistics deals with collection intepretation prediction of data Many areas of statistics like trend analysis ,regression etc can be used to predict the future business demand .
Comments

View 1 more Answers

Related Questions

Is it correct to do CAT tuition along with doing regular BCOM HONS?
Yes, a good thought, will also help in facing other competitive exams, wishing you all the best.
D Goutham
I had studied mba finance from a normal college so will I get job in worldwide if I learn german language
Yes, getting job will not be a problem, there are very few companies who will ask for branded names, you should keep applying. Remember to have command on soft skills, mannerism and communication skills,...
Mubarak

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

What is an Assets ?
Assets are sometimes defined as resources or things of value that are owned by a company. Some examples of assets which are obvious and will be reported on a company's Balance Sheet include: cash, accounts...

How to Pass Entries under GST Regime?
How to Pass Entries under GST Regime: Under the new GST Regime all these taxes (excise, VAT, CST, Service tax, Entry Tax) will get subsumed into one account and assesse will get benefit of setting of...

Adam Smith's Economic theory
The classical principle of unfastened marketplace economics, to paintings right, has greater necessities than maximum fans realize of or intentionally pick out to ignore. Several years earlier than he...

BRS
BRS refers to Bank reconciliation statement. This is prepared to reconcile the difference between bank account in the cash book and pass book.

Cost Accounting: Overhead
Hello, student the following article is being given to understand the concept of overhead and its use in cost account. Overhead is the sum total of all indirect expenses i.e., indirect material, indirect...

Recommended Articles

Learning for every child starts from a very young age. While the formal methods include school curriculums and private lessons, the informal methods include dancing, music, drawing, and various fun-filling activities. Playing games and practising these types of activities helps the children get out of boredom and...

Read full article >

Quality education does not only help children to get a successful career and life, but it also hugely contributes to society. The formal education of every child starts from school. Although there are numerous schools, parents find it challenging to choose the right one that would fit their child. It is difficult for them...

Read full article >

With the mushrooming of international and private schools, it may seem that the education system of India is healthy. In reality, only 29% of children are sent to the private schools, while the remaining head for government or state funded education. So, to check the reality of Indian education system it is better to look...

Read full article >

E-learning is not just about delivering lessons online. It has a much broader scope that goes beyond manual paper or PowerPoint Presentations. To understand the reach of E-learning and how the whole process works in developing the Educational system, we will discuss a few points here. Let us find out how this new learning...

Read full article >

Looking for BCom Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BCom Tuition Classes?

The best tutors for BCom Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BCom Tuition with the Best Tutors

The best Tutors for BCom Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more