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3 years ago

Explain the utility of statistics as a manegerial tool

Business

1 answer:

Veseljchak [2.6K]3 years ago

5 0

Answer:

"Statistics is a board of method for maintaining knowledge. It is a simple and economical method to find the means and valuable data even for large numbers. In a managers life it is a very helpful tool to do analysis and making business growth values and make right forecast".

Explanation:

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Answer:

For economists is important to avoid political interferance in the monetary policy. Populist governments often use the creation of money to justify their political programs, causing inflation and distortions on the market.

In the last report of FOMC is highlighted the behaviour of market labour and the lower expectations of inflation.

Explanation:

There are two tools commonly used in political economy to finance government programs: taxation and paper currency print. When the central bank is not independent, the government has an incentive to print money to fund their programs, causing inflation. In economic science has been demonstrated that inflation is always caused by monetary phenomena.

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3 years ago

Silver Enterprises has acquired All Gold Mining in a merger transaction. The following balance sheets represent the premerger bo

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Answer:

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Explanation:

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3 years ago

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4 years ago

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4 years ago

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3 years ago

Explain the utility of statistics as a manegerial tool​

Explain the utility of statistics as a manegerial tool