Question 1: As a student of marketing why I should study statistics ?
Answer: Statistics should be studied all branches of student not only marketing. Statistics is helpful in student and job life.
Some reason for why I should study statistics as a marketing student:
- Firstly for collecting information and analyzing data.
- For getting reliable data.
- For effective decision making about market.
- How to make decision.
- For how to face the decision I made.
- For getting ideas and evaluate them correctly.
- For getting numerical market analysis reliably.
- For getting a standard based on decision making.
- Customer life standard should be measured.
- For getting best information for market share of my company.
Statistics should not ignore-able. It may help in part of your life. So as a student of marketing I should study statistics for better position in all aspects of life.