Business Studies, asked by dollybisht093, 3 months ago

statistics is not a science it is a scientific method discuss critically scope limitation and utility​

Answers

Answered by Sly01
39

Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation and presentation of data. It provides tools for predicting and forecasting the economic activities. It is useful for an academician, government, business etc.

Answered by Anonymous
10

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  • The scope of the science of statistic is restricted by certain limitations :

1. The use of statistics is limited to numerical studies: Statistical methods cannot be applied to study the nature of all type of phenomena. ... Statistical methods deal with population or aggregate of individuals rather than with individuals.

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