Economy, asked by bidiyasarmanish4092, 22 days ago

Does plural sense of Statistics tells us how to identify statistics.

Answers

Answered by tejaschawla12328
0

Answer: In plural sense, statistics refers to information in terms of numbers or numerical data.

Characteristics of statistics in the plural sense are:

1. It is an aggregate of facts.

2. It is numerically expressed

3. A reasonable degree of accuracy must be kept while collecting data.

4. Statistical data is not affected by one factor but many factors.

5.Statistical data must be collected in a systematic manner with a proper plan before starting the data collection process.

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