What is statistics?
Explain the meaning of sampling?
Explain objective of time series?
Histogram?
Limitations of statistics?
Concept of statistics?
Answers
Answer:
1, branch of mathematics dealing with the collection , analysis , interpretation , and presentation of massses of numerical data 2 : A is a collection of quantitative data
2, A sample is difined as smaller set of data that a researcher choose or selects from a pre - defined selection method
3, There are two main goals of time series analysis: Identifying the nature of the phenomenon represented by the sequence of observation and forecasting
4, Histogram is a graphical representation that organize the group of data points into users specified ranges .
5, . Qualitative aspect ingnore
. It does not deal with individual Time
. It does not depict entire story of phenomenon
. it is liable to miscued
. Law are not exact
. Results are true only on average
6, Statistics is the study of data : describing properties of data and drawing conclusions about a population based on information in a sample . Information is a sample is used to make inference about the population from which the sample was drawn
Explanation:
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