Define statistics . what are the functions of statistics
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atistics simplifies complexity: Statistic consists of aggregate of numerical facts. Huge facts and figures are difficult to remember. The complex mass of figures can be made simple and understandable with the help of statistical methods. Statistical techniques such as averages, dispersion, graph, diagram etc. make huge mass of figures easily understandable. So, the function of statistics is to reduce the complexity of the huge mass of figures to a simpler form
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★Statistics★ :---
It is the branch of mathematics which is basically deals with collection, presentating, Comparing, classifying.
★Statistics is studied in three parts.
- ✔Nature of statistics.
- ✔Subject matters of statistics.
- ✔Limitations of statistics.
★Functions of Statistics are :---
- ☉Studying relations.
- ☉Comparison.
- ☉Simple and easy representation of Data.
- ☉Giving definite and brief form of data.
- ☉Forecasting.
- ☉Increase knowledge and Expertise.
- ☉Give numerical form to the data.
✪Statistics plays an important role in many fields like.
- メIn education.
- メIn Banking.
- メIn economic planning.
- メIn science and research.
- メAs a Social Reformer.
- メIn businesses.
- メIn administration.
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