Economy, asked by smartboyashish7234, 7 months ago

what is uses of graphic Presentation of
the statistical data? Discuss its limitations.​

Answers

Answered by taehyung21
1

Answer:

Diagrams play an important role in statistical data presentation. Diagrams are nothing but geometrical figures like lines, bars, circles, squaresEasy to understand – Diagrammatic data presentation makes it easier for a common man to understand the data. Diagrams are usually attractive and impressive and many newspapers and magazines use them frequently to explain certain facts or phenomena. Modern advertising campaigns also use diagrams.

Simplified Presentation – You can represent large volumes of complex data in a simplified and intelligible form using diagrams.

Reveals hidden facts – When you classify and tabulate data, some facts are not revealed. Diagrammatic data presentation helps in bringing out these facts and also relations.

Quick to grasp – Usually, when the data is represented using diagrams, people can grasp it quickly.

Easy to compare – Diagrams make it easier to compare data.

Universally accepted – Almost all fields of study like Business, economics, social institutions, administration, etc. use diagrams. Therefore, they have universal acceptability.

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