Overview
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As an owner or manager of a business enterprise you need to manage money and take decisions on the basis of accurate estimates which require everyone to know mathematics and statistics. This course is divided into two parts Business Mathematics (Part A) and Statistics (Part B). Part A enables the students to know the financial formulas, fractions; measurements involved in interest calculation, hire rates, salary calculation, tax calculation etc. which help complete business tasks efficiently. Whereas, Part B enables the learners to make various kinds of analysis on the basis of accurate estimates that helps a business to deal with uncertainties by forecasting seasonal, cyclic and general economic fluctuations.
