Economy, asked by anwaarshahanw9182, 1 year ago

Explain the scope of statistics

Answers

Answered by prabhashankar330
8

Answer:

The scope of the science of statistic is restricted by certain limitations : 1. The use of statistics is limited numerical studies: Statistical methods cannot be applied to study the nature of all type of phenomena.

Answered by theking20
18

Explanation of the scope of statistics  is as follows:

  • Statistic is a medium of developing sound techniques for handling collected numerical data.
  • In each sphere of human activity, statistic is applied. This includes social, physical like Commerce, Biology, Planning, Education, Business, Technology, Management etc.
  • There is no department of human activity where statistics cannot be applied.
  • On the basis of information of statistics, plans are drawn.  Statistics inspection also helps in quality control. Economic problems are understood and solved by statics.
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