3. 'Universal' in Statistics means: a) All Celestial bodies b) people living on the earth b) people or thing about which we are conducting a study or survey d) All of these
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Universal denotes all the people living on the earth.
Explanation:
- Statistics can be defined as the numerical study or records of any data.
- While talking about statistics, the term universal is used to denote all the people or a thing that is present on the earth.
- Statistics is universal as in economic terms statistics is only limited to the data and organisms on earth.
- It does not extend to the celestial bodies as they do not live on the earth.
- Therefore B, people living on the earth is the right answer.
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