Economy, asked by sneharao87, 1 year ago

define statistics what are its basic characteristics​

Answers

Answered by girlinblue1021
5

Answer:

the practice or science of collecting and analysing numerical data in large quantities, especially for the purpose of inferring proportions in a whole from those in a representative sample is statistics.

Characteristics of statics are:-

  • 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.
  • Statistics are collected for a predetermined purpose.
  • Statistics are collected in a systemic manner.
  • Statistics must be comparable to each other.

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