Economy, asked by kumkum8013, 3 months ago

explain how is the statistics of agreegates only as a limitation of statistics​

Answers

Answered by sanskarpatel18
0

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.
Answered by harpalsinghrawat3139
0

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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