Economy, asked by chelseamomin2003, 9 months ago

what are the scopes of statistcs ? (in 6 points)

Answers

Answered by ItzSharmaji

12

Scope of Statistics:

Statistics is indispensable in this modern age aptly termed as "the age of planning". ... Statistical data and techniques of statistical analysis are immensely useful in solving economical problems such as wages, price, time series analysis, demand analysis.

Answered by MoonxDust

7

Statistics is indispensable in this modern age aptly termed as "the age of planning". ... Statistical data and techniques of statistical analysis are immensely useful in solving economical problems such as wages, price, time series analysis, demand analysis.

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