Merits and Demerits of statistics?
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Dear Friend, Here's your answer,,,,
MERITS OF STATSTICS
- Presenting facts in a definite form
- Simplifying mass of figure- condensation into few significant figures
- Facilitating comparison
- Helping in formulating and testing of hypothesis and developing new theories.
- Helping in predictions.
- Helping in formulation of suitable policies.
DEMERITS OF STATICS
- Does not deal with individual measurement.
- Deals only with quantities characteristics.
- Result is true only on an average.
- It is only one of the methods of studying a problem.
- Statistics can be measured. It requires skills to use it effectively, otherwise misinterpretation is possible
- It is only a tool or means to an end and not the end itself which has to be intelligently identified using this tool.
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Hope it helped, Please follow,,,
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Answer:
https://brainly.in/question/1625531
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