Economy, asked by lalithapullani, 3 days ago

6. 'Statistics are numerical statements of facts but all facts numerically stated are not statistics.' Comment.​

Answers

Answered by ranbeerst123
8

Answer:

Statistics refers to systematic and organised collection of numerical facts. It tells information in terms of numerical facts or numbers such as employment, literacy rate or population data. 1) An important point to note is that mere numbers or figures does not constitute statistics. Statistics convey meaningful validated information on basis of which a decision or inference can be made. 2) Numerical figures can be called as statistics only when they relate to some particular variable such as time, place, person etc. For example, age of a person A in particular city is 35, cannot be termed as statistics. But age of persons A, B,C in particular city are 35,37,40...

Explanation:

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Answered by sarahssynergy
11

The given statement that statistics are the numerical statement of facts but all facts numerical stated or not statistics is true.

Explanation:

  • The given statement is absolutely true.
  • This is because statistics are not merely numerical data but data in an organized form that is used for a specific purpose.
  • Any fact which is numerically stated but does not have a defined goal or cannot be further analyzed is not statistics. It is simply numerical data or quantitative data which does not constitute statistics.
  • For example, the number of goods produced by a firm constitutes statistics but the fact that the firm is working for 10 years without any specific direction is not statistics.
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