Tags Banking Q&A

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Math>Statistics

What are the uses of statistics in Banking Sector?

Updated: 9/15/2023

Wiki User

∙ 12y ago

Best Answer

The statistical tools are used in banking sector for making a decision.How do a bank invest their money in capital market or for lending to their customer,they have to use statistics.It is also use in forcusting in the banking sector.

Wiki User

∙ 12y ago

This answer is:

Add your answer:

Earn +20 pts

Q: What are the uses of statistics in Banking Sector?

Write your answer...

Submit

Still have questions?

imp

Continue Learning about Statistics

What is the role of statistics in the banking and finance proffession?

check

Different uses of statistics?

discuss the different day to day uses of statistics

What are five uses of statistics?

descriptive statistics

What are basic uses and importance of statistics?

importance of basic statistics

The definition of education statistics?

Educational Statistics is defined as the study of the collection, organization, analysis, interpretation, and presentation of data specifically meant for the education sector.

Related questions

What is the Applications of statistics in banking and finance?

statistics has nothing to do with real banking but it has scope in research and development department as in every r & d sector it uses tables and graphs and measures of central tendency to show the real result or expected one etc.

What is the importance of statistics to banking sector?

Banks take your money and invest it into the stock-market and there is a trillion different ways statistics are use to analyze stocks. Basically the banking industry would collapse without statistics, or if a bunch of stupid people were in charge of it.

Use of 7ps in a banking sector?

7ps of banking sector

What are the contributions of an economist in the banking sector?

What are the contributions of an economist in the banking sector?

Why to join banking sector?

The banking sector is essentially where all the money in the world is at. To join the banking sector marks the start of a lucrative career.

Roles and functions of accountant in a banking sector?

roles of accountant in a banking sector

What is the impact of globalization in banking sector in Malaysia?

What is the impact of globalization in banking sector in Malaysia?"

The role of ict in banking sector?

state three relevance itc in banking sector

Conflict management and the survival of banking sub-sector?

what are the survival of banking sub-sector

What are two uses of land in the CBD?

The lands in the CBDs are used to for Banking and Stockbrocking. they are mainly used in the interquatenary sector.

Banking sector research topics?

i need topic on banking sector. It's new and no one can do it.!

The impact of computer in the banking sector?

The impact of computers in the banking sector cannot be understated. Computers have transformed every aspect of the banking industry

Trending Questions

What is 50 percent of 250000? How many standard deviations above the mean is the 90th percentile? What are the categories by which data are grouped? What are the odds of a four digit number 0-9? Why is the level of significance always small? Uses of bar graph? If you toss a coin 5 times how many outcomes are there? How do you find median for index numbers? Is based on the worst credible outcome when analyzing risk.? WinZip error internal error procesing iso image? What is the standard error of the mean 8-14-6-9-8-12-4-3-9-9-11-15-6-12-9-8-3-8-9-7? Why is that line graph the best kind of graph? What is the relative dispersion with the mean of 45000 and a standard deviation of 9000? What is the shape of an age-sex histogram? What is the statistic that is used to estimate a population standard deviation? How can bar graphs be misleading? Can normal distribution be applied on discrete data? How do you toss off a boy? What is a bell curve? What is on the left side of a column chart?

Previously Viewed

What are the uses of statistics in Banking Sector?

Unanswered Questions

I'm 25 years old, 4'4" (132.5cm) tall, and weighs 50lb (23kg) and I appear skinny. Is that actually underweight? Was wäre, wenn wir unter Wasser leben müssten? How often should NDT equipment be calibrated? How do you measure weight with a load cell? What ingredients are typically used in Mixture Namkeen? Is Mixture Namkeen spicy, and are there different flavor options? What health issues are common in Himalayan kittens in Bangalore? Do you use OEM (Original Equipment Manufacturer) glass for replacements?

Resources

Top Categories

Product

Company

Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.