Answered

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Which is not a likely area of application of statistics in business?

a. Looking for patterns in a large marketing database.
b. Auditing supplier invoices for correct payment.
c. Making forecasts of several key product lines.
d. Questioning the executives' strategic decisions

Sagot :

Ogorwyneidn

Answer:

D.

Step-by-step explanation:

Statistics has a lot of usage in business.

Using statistics as well as statistical tools helps in the provision of data to be used for business analysis. With available data we can get patterns in a a large database. Statistics can be used for auditing, as in question option b. For option c, statistics can be used for making business forecasts after the careful observation of trends and patterns that are in the data.

Option d does not make use of statistics. It has nothing to do with statistics neither does it have a computational feature.

Therefore, d.) questioning the executive's strategic decision is the answer to this question

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