Economy, asked by kkar24822, 8 months ago

Discuss limitation of statistics

Answers

Answered by bhoopbhoomi3088

6

Answer:

The important limitations of statistics are: (1) Statistics laws are true on average. ... (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading. (5) Only a person who has an expert knowledge of statistics can handle statistical data efficiently.

Answered by adityayuren62

4

Answer:

The important limitations of statistics are: ... (2) Statistical methods are best applicable to quantitative data. (3) Statistics cannot be applied to heterogeneous data. (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.

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