Economy, asked by guptanitya2702, 1 month ago

20.
Which of the following is not a limitation of statistics?
1. Statistics can be Misused
2. Statistics does notstudy quantitative phenomena
3. Statistical lawsare not exact 4. None of these​

Answers

Answered by ytshorton
0

Answer:

options 2 is correct answer

Answered by Agastya0606
1

Out of the given options, the one that is not a limitation of statistics is- 2. Statistics do not study quantitative phenomena.

What is statistics?

  • Statistics is the branch of science that deals with the collection, presentation, analysis and interpretation of any quantitative data. For example- the data of production of an article by company X in five years.

Limitations of statistics are:

  • The major limitation of statistics is that it deals with quantitative data only and that too with the group of facts or items. We cannot use statistics to study qualitative phenomena and individual entities.
  • As statistics data deals with numbers, it is easy to manipulate them and hence, can be misused.
  • While preparing data, several precautions need to be taken as a small mistake will not give adequate results.
  • The laws of statistics are based on probability hence, they are not exact.
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