Question

class 11th economics discuss briefly the nature of statistics ?​

Answer 1

Answer:

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Statistics is the science of data collection and analysis. A population is a very large group which is under study. A parameter is a numerical measurement describing some charactersitic of a population. Statistics is both science and art. Statistical methods are systematic and have a general application which makes it a science. Further, the successful application of these methods requires skills and experience of using the statistical tools.

Answer 2

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Statistics is the science of data collection and analysis. A population is a very large group which is under study. A parameter is a numerical measurement describing some charactersitic of a population. Statistics is both science and art. Statistical methods are systematic and have a general application which makes it a science. Further, the successful application of these methods requires skills and experience of using the statistical tools.