Economy, asked by J123, 1 year ago

limitation of statistics

Answers

Answered by TheRuhanikaDhawan
26
Limitation of statistics are
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1)there is a scope of bias
2)common man cannot understand statistics
3)we cannot get get accurate value , its just an average values 
4)it is time consuming
5)it can be used only by experts 
Answered by Anonymous
14

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\Huge\purple{{\mathcal{LIMITATIONS\: OF\: STATISTICS\: ARE}}}

➜ It does not study the qualitative aspect of a problem .

➜ it is study of a mass data and deals with aggregates of facts .

➜ They are not universally applicable like the last of chemistry physics and mathematics .

➜ They are true on an average because the results are affected by a large number of causes

➜ The results obtained can be manipulated according to one's own interest and such manipulated results can mislead the community

➜ The results drawn from statistical analysis are normally approximates .

➜ As the statistical analysis is based on observation of mass data, number of inaccuracies may be present and it is difficult to rectify them .

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