Economy, asked by bhumipatoliya6239, 8 months ago

What do you mean by statistics?

Answers

Answered by malam786a
0

Explanation:

a branch of mathematical mathematics dealing with the collection of analysis interpretation and presentation of masses of numerical data is called statistics

Answered by priyaag2102
0

Statistics is a form of mathematical analysis

Explanation:-

Statistics is a form of mathematical analysis that uses quantified models, representations and synopses for a given set of experimental data or real-life studies.

Characteristics of statistics:-

  1. Statistics are Aggregate of Facts
  2. Statistics are Affected to a marked Extent by Multiplicity of Causes
  3. Statistics are Numerically Expressed
  4. Statistics are Enumerated or estimated according to Reasonable Standards of Accuracy
  5. Statistics are Collected in a Systematic Manner:

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