In business, statistics might be used for which of the following:
A) to budget for future spending and expenses
B) to help improve or increase sales
C) all are appropriate uses of statistics in business
D) to gather information about customers

Question

Quizplus · Accepted Answer

All of the choices listed are appropriate uses of statistics in business. Statistics can be used to budget for future spending and expenses, analyze sales data to improve or increase sales, gather information about customers through surveys and analysis, and much more.

In Business, Statistics Might Be Used for Which of the Following