Economy, asked by kapoloveBhatterjee, 1 year ago

Merits and demerits of statistics. ( in points please)

Answers

Answered by TheRuhanikaDhawan
14
merits
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1)easy to understand and simple to calculate
2)it is can be used in business , weather forecast etc
3)reduces the bulk of the data 
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demerits
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1)conman man cannot understand statistics
2)there is a scope of bias
3)it just gives the average value not the exact value
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