Economy, asked by pihukaraniya, 6 months ago

explain the limitations of statistics​

Answers

Answered by aviralkachhal007
11

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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.

(2) Statistical methods are best applicable to quantitative data.

(3) Statistics cannot be applied to heterogeneous data.

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