What are the major drawbacks of statistics?
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❤❤ HEY MATE HERE IS YOUR ANSWER:-
The important limitations of statistics are:
- Statistics laws are true on average. Statistics are aggregates of facts, so a single observation is not a statistic.
- Statistical methods are best applicable to quantitative data.
- Statistics cannot be applied to all heterogeneous data.
- If sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.
- Only a person who has an expert knowledge of statistics can handle statistical data efficiently.
- Some errors are possible in statistical decisions in particular, inferential statistics involves certain errors. We do not know whether the error has been committed or not.
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