Question

Hola ✌️
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Define Statistics is both science as well as an art?.
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Answer 1

Heya ^_^

Yes, statistics is both the science as well as art ....

√ Statistics as the science :-

• It gives the scientific manner to compare and present the data in the numerical form....

• By using the formulas we can study the economic problems and their solutions too....

• It helps as a instrument to manage ans built up the economic theory...

√ Statistics as an art :-

• It teaches the manner that how we should present our data....

• It may use the graphs, table to show the data and by making them clearly it's the art to show it clearly...

• Statistics is the weapon of economy so we should use it carefully ...

Thank you