Question

the managment of a company has overstimated it's financial records to attract inverstors and creditors.which limitation of statistics is highlighted in the statement(a) can be used only by the experts (b) prone to misuse (c) without reference,results may prove to be wrong ​

Answer 1

Explanation:

Statistics are aggregate of facts, a single numerical fact can't be called statistics. Thus they only deal with groups and not individuals. Statistics only deals with quantitative data it does not deal well with qualitative data beauty, honesty, goodwil etc cant be measured. The laws of statistic are not exact and they might be used improperly to misinform. Political parties may create misleading statistics to gain favor with the people.

Answer 2

Answer:

Statistics are aggregate of facts, a single numerical fact can't be called statistics. Thus they only deal with groups and not individuals. Statistics only deals with quantitative data it does not deal well with qualitative data beauty, honesty, goodwil etc cant be measured. The laws of statistic are not exact and they might be used improperly to misinform. Political parties may create misleading statistics to gain favor with the people.

Explanation:

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