Question

What is statistics? What is important? What are the limitations of statistics

Answer 1

Answer:

The important limitations of statistics are: (1) Statistics laws are true on average. Statistics are aggregates of facts, so a single observation is not a statistic. Statistics deal with groups and aggregates only.

Answer 2

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Explanation:

What is statistics?

➬statistics is scienceof collecting, organizing, presenting and interpreting the data which is collected or available.

Importance of Statistics:

➬Statistical information allows you to use the best methods to gather the data, use the appropriate analyzes, and present the conclusions effectively. Statistics is a vital function behind how we make scientific discoveries take data-based decisions

and estimate.

What are the limitations of statistics?

1. Statistics is unable to explain individual items
2. Statistics are unable to study qualitative characters
3. Statistical results are not accurately correct
4. Statistics deal with average
5. Statistics is only one of the methods of studying a given problem
6. Statistics is liable to be misused
7. Qualitative Aspect Ignored

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