define statistics and discuss its scope and limitations
Answers
Answer:
Meaning and Scope of Statistics
Introduction. Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation and presentation of data. It provides tools for predicting and forecasting the economic activities. It is useful for an academician, government, business etc.
Answer:
statistics
Statistics is a form of mathematical analysis that uses quantified models, representations and synopses for a given set of experimental data or real-life studies.
Scope
1. Statistics help in economic planninging
2. Statistics in business and management
3. Statistics in administration
4. Statistics in research
limitation
1Statistics is unable to explain individual items
2Statistics are unable to study qualitative characters
3Statistics is unable to explain individual items
4Statistics deal with average