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Tag: Statistics


Business Law & Regulations, Finance

What Is the Law of Large Numbers?

September 23, 2022

Via: Investopedia

The law of large numbers, in probability and statistics, states that as a sample size grows, its mean gets closer to the average of the whole population. This is due to the sample being more representative of the population as […]


Business Law & Regulations, Finance

Average Credit Card Debt Statistics In the US 2020

September 28, 2020

Via: Fit Small Business

The average American holds four credit cards, which isn’t surprising because credit cards are a handy way to finance purchases big and small—from groceries to big-ticket gadgets. However, far too often, Americans can’t afford their balances, miss payments, or get […]


Financing your Business

Business Administration vs. Finance Degree: Comparing the Differences

September 24, 2020

Via: Investopedia

A degree in business administration or finance can lead to opportunities in both large and small organizations in the public and private sectors. Both degrees also provide a solid foundation and are good preparation for entrepreneurs who want to start […]


Advertising & Marketing, Business Law & Regulations

Advertising Statistics Small Business Owners Should Know

March 25, 2019

Via: Fit Small Business

Do people still look or listen to ads? Do they remember what they see? Is it worthwhile to spend money on traditional advertising methods such as radio, television, or magazine ads? These and many other questions are answered in our […]