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Banking institutions: Financial institutions cannot operate their responsibilities with no guidance of statistics. Measurements strategies are utilized to operate day to day exercise with the financial institutions.

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Assessment of Variance (ANOVA) is easily the most critical subject of statistics. We use this statistical strategy to examine the variations among two or even more distinct usually means.

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Authorities: Government corporations make the most of the statistics on the populace to gauge various paces of the nations like populace enhancement rate, for every capita salary, demise rate, and some more.