what is statistics? what is the importance.
Answers
Explanation:
Statistics plays a vital role in every field of human activity. Statistics helps in determining the existing position of per capita income, unemployment, population growth rates, housing, schooling medical facilities, etc., in a country.
Statistics is a mathematical analysis that allows users to analyze a large set /volume of data. Several measures of statistics are skewness, and variance, central tendency, which includes mode, mean, median. Statistics plays an important role in fields of computer science, planning, mathematics, social science, etc.
Explanation: Statistics works on quantitative data. Statistics has a major role in economics. There is no economics without statistics. the amount of money to be lent, provide a subsidy, impose the tax, etc. All this work is represented with the help of graphs.