Explain briefly five functions of statistics
Answers
➜(1) Statistics helps in providing a better understanding and exact description of a phenomenon of nature.
➜(2) Statistics helps in the proper and efficient planning of a statistical inquiry in any field of study.
➜(3) Statistics helps in collecting appropriate quantitative data.
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Answer:
The functions of statistics :
1) Statistics help in furnishing a better understanding and accurate description of nature’s phenomena.
2) Statistics helps in the proper and effective planning of a statistical inquiry in any field of study.
3) Statistics helps in collecting applicable quantitative data. for illustration- the population census.
4) Statistics helps in presenting complex data in a suitable irregular, diagrammatic and graphical form for easy and clear understanding of the data.
5) Statistics helps in understanding the nature and pattern of variability of a phenomenon through quantitative observations.
6) Statistics help in drawing valid consequences, along with a measure of their trustability about the population parameters from the sample data.
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