Economy, asked by simrandhillon9985, 7 months ago

Define statistics. What are its basic characterstics?
Define statistics. What are its basic characterstics?
Define statistics. What are its basic characterstics?

Answers

Answered by nainamaheshwari
2

Answer:

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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Answered by queensp73
5

Hey Mate !

Statistics is a branch of applied mathematics dealing with data collection, organization, analysis, interpretation and presentation.In addition to being the name of a field of study, the word "statistics" also refers to numbers that are used to describe data or relationships.

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.

Hope it helps u !

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