Economy, asked by hharmanjotnatt, 7 hours ago

define statics .what are it's basic characteristics?​

Answers

Answered by subha2007293
1

Answer:

It's basic characteristics is Statistics are affected to a marked extent by multiplicity of causes. Statistics are enumerated or estimated according to a reasonable standard of accuracy. Statistics are collected for a predetermined purpose. Statistics are collected in a systemic manner.

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Answered by ponwinsiya
1

Answer:

Statistics is the study and manipulation of data, including ways to gather, review, analyze, and draw conclusions from data. The two major areas of statistics are descriptive and inferential statistics. Statistics can be used to make better-informed business and investing decisions.

Basic characteristics:

Some of the important characteristics of statistics are given below: Statistics are aggregates of facts. Statistics are numerically expressed. Statistics are affected to a marked extent by multiplicity of causes. Statistics are enumerated or estimated according to a reasonable standard of accuracy.

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