Accountancy, asked by Uday3817, 1 year ago

What is merits and demerits of statistics

Answers

Answered by Kanak0001
1

Merits of statistics :-

.1) presenting facts in a definite form

2) simplifying mass of figure - condensation into few significant figures

3) Helping in prediction.

Demerits of of statistics :-

1)Does not deal with individual measurements.

2) deals only with quantitative characteristics.

3) Result is true on an average...

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