The systematic process of collecting, interpreting, and presenting numerical data about business situations is called business statistics.

Name: The systematic process of collecting, interpreting, and presenting numerical data about business situations is called business statistics.
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Question

The systematic process of collecting, interpreting, and presenting numerical data ​about business situations is called business statistics.

Quizplus · Accepted Answer

Business statistics involves the use of statistical methods and techniques to analyze data related to business activities, helping in decision-making and problem-solving processes.

The Systematic Process of Collecting, Interpreting, and Presenting Numerical Data