Question

$Discuss the meaning and scope of statistics????$​

Answer 1

Answer:

Meaning - Statistics is the study and manipulation of data, including ways to gather, review, analyze, and draw conclusions from data.

Scope - Statistical data and techniques of statistical analysis are immensely useful in solving economical problems such as wages, price, time series analysis, demand analysis. It is an irreplacable tool of production control. Industry statistics are widely used in equality control.

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