mention five characteristics of statistics
Answers
Answer:
Some of the most important characteristics of statistics are as follows:
It consists of aggregates of facts: ...
It is effected by many causes: ...
It should be numerically expressed: ...
It must be enumerated or estimated accurately: ...
It should be collected in a systematic manner: ...
It should be collected for a predetermined purpose:
Answer:
mention five characteristics of statistics
Explanation:
Types of Statistics
The two main branches of statistics are:
Descriptive Statistics
Inferential Statistics
Descriptive Statistics – Through graphs or tables or numerical calculations, descriptive statistics uses the data to provide the descriptions of the population.
Inferential Statistics – Based on the data sample taken from the population, inferential statistics makes the predictions and inferences.
Both types of statistics are equally employed in the field of statistical analysis. Learn in detail descriptive and inferential statistics here at BYJU’S.
Characteristics of Statistics
The important characteristics of Statistics are as follows:
Statistics are numerically expressed.
It has an aggregate of facts
Data are collected in systematic order
It should be comparable to each other
Data are collected for a planned purpose
Importance of Statistics
The important functions of statistics are:
Statistics helps in gathering information about the appropriate quantitative data
It depicts the complex data in the graphical form, tabular form and in diagrammatic representation, to understand it easily