Explain the main limitations of statistics.
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The important limitations of statistics are: (1) Statistics laws are true on average. ... (3) Statistics cannot be applied to heterogeneous data. (4) If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading
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Inspite of the usefulness of statistics in many fields, it has the following limitations :
I. Study of aggregates of facts: It studies only aggregates of facts. It does not study individuals facts, however important they be
2. Study of quantitative aspect of a problem : It studies only those problems which can be quantitatively expressed. Qualitative expressions such as beauty, honesty, intelligency, poverty etc. do not constitute the subject matter of statistic.
3.True only on an average : Statistical laws are true on an average. They are not universally applicable like the laws of Physics, Chemistry etc.
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