what are the uses and applications of statistics
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Uses
- Is is used to easily displace the information
- Which can be easily understandable
Applications
Statistics help in providing data as well as tools to analyze the data. Some powerful techniques are index numbers, time series analysis, and also forecasting.
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6
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hy dear here is ur answer.....
Statistics help in providing data as well as tools to analyze the data. Some powerful techniques are index numbers, time series analysis, and also forecasting. These are immensely useful in the analysis of data in economic planning. Further, statistical techniques help in framing planning models too.
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