explain how is the statistics of agreegates only as a limitation of statistics
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The important limitations of statistics are
- Statistics laws are true on average. Statistics are aggregates of facts, so a single observation is not a statistic.
- If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.
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Explanation:
The important limitations of statistics are: (1) Statistics laws are true on average. Statistics are aggregates of facts, so a single observation is not a statistic. ... (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.
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