Business Studies, asked by priyasharmaG, 11 months ago

Statistics is an art and science too , explain ?

Answers

Answered by brainlystargirl
3
Heya ^_^

Yes, statistics is both the science as well as art ....

√ Statistics as the science :-

• It gives the scientific manner to compare and present the data in the numerical form....

• By using the formulas we can study the economic problems and their solutions too....

• It helps as a instrument to manage ans built up the economic theory...

√ Statistics as an art :-

• It teaches the manner that how we should present our data....

• It may use the graphs, table to show the data and by making them clearly it's the art to show it clearly...

• Statistics is the weapon of economy so we should use it carefully ...

Thank you
Answered by ItzMissRoyalPriyanka
1

Yes, statistics is both the science as well as art ....

✓ Statistics as the science :

• It gives the scientific manner to compare and present the data in the numerical form.

. By using the formulas we can study the economic problems and their solutions

• It helps as a instrument to manage ans built up the economic theory.

✓ Statistics as an art :

. It teaches the manner that how we should present our data.

. It may use the graphs, table to show the data and by making them clearly it's the art to show it clearly.

• Statistics is the weapon of economy so we should use it carefully.

Thank you

ANSWER

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