Question

Important of stastitical defination class 11 economics

Answer 1

Answer:

The Importance of  Statistical knowledge helps you use the proper methods to collect the data, employ the correct analyses, and effectively present the results. Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions.

Statistical thinking also allows one to avoid falling for some of the most common traps in analyzing data. For example, understanding how deviations work, and what they indicate about the validity of statistical results, is an important principle for anyone working with large amounts of data.

Explanation:

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