Scope and importance of Statistics:
1. Statistics and planning: Statistics in indispensable into planning in the modern age which is termed as "the age of planning". Almost all over the world the govt. are re-storing to planning for economic development.
2. Statistics and economics: Statistical data and techniques of statistical analysis have to immensely useful involving economical problem. Such as wages, price, time series analysis, demand analysis.
3. Statistics and business: Statistics is an irresponsible tool of production control. Business executive are relying more and more on statistical techniques for studying the much and desire of the valued customers.
4. Statistics and industry: In industry statistics is widely used inequality control. In production engineering to find out whether the product is confirming to the specifications or not. Statistical tools, such as inspection plan, control chart etc.
5. Statistics and mathematics: Statistics are intimately related recent advancements in statistical technique are the outcome of wide applications of mathematics.
6. Statistics and modern science: In medical science the statistical tools for collection, presentation and analysis of observed facts relating to causes and incidence of dieses and the result of application various drugs and medicine are of great importance.
7. Statistics, psychology and education: In education and physiology statistics has found wide application such as, determining or to determine the reliability and validity to a test, factor analysis etc.
8. Statistics and war: In war the theory of decision function can be a great assistance to the military and personal to plan "maximum destruction with minimum effort."
scope and lim;tation of statics
The two main branches of statistics is Descriptive statistics and inferential statistics.
statistics
father of statistics
No, 'statistics' is a noun.
scope and lim;tation of statics
The scope of statistics in accounting is very broad and the two of them are correlated. Most of the accounting procedures will depend on statistics.
Statistics is analyzing numbers. Businesses use statistics so that they can determine the best way to approach various aspects of business.
answer this question now
all fied is collect of data then needs of sytistics
s- statistics c- comparisons o- observations p- predictions e- expert testimony
The author presents these statistics to provide quantitative evidence and support for the claims and arguments being made in the text. By including statistics, the author adds credibility to their writing and helps the reader understand the scope and impact of the issues being discussed.
its discuss by studying criminology by using statistics for crime scene for investigation
statistics has nothing to do with real banking but it has scope in research and development department as in every r & d sector it uses tables and graphs and measures of central tendency to show the real result or expected one etc.
He got a no scope he didnt scope his gun no no, no scope was involved He got a no scope and now hes killed someone their dead he shot him in the head He got a no scope what a wondrous feat what a marvelous kill i concede What do you get when you get real stressed quickly pull the trigger and hope for the best call them a noob and hump their chest I think you just got a no scope And where did your daddy go He abandoned you when you were only seven years old And living on the streets is cold you beg for food and money You beg for food and love You beg for food and care again No no no no no no no no no no Scope scope scope scope scope scope scope scope scope scope No no no no no no no no no no Scope scope scope scope scope scope scope scope scope scope He got a no,no,no scope
4 most essential limitations of StatisticsStatistics is indispensable to almost all sciences - social, physical and natural. It is very often used in most of the spheres of human activity. In spite of the wide scope of the subject it has certain limitations. Some important limitations of statistics are the following:1. Statistics does not study qualitative phenomena:Statistics deals with facts and figures. So the quality aspect of a variable or the subjective phenomenon falls out of the scope of statistics. For example, qualities like beauty, honesty, intelligence etc. cannot be numerically expressed. So these characteristics cannot be examined statistically. This limits the scope of the subject.2. Statistical laws are not exact:Statistical laws are not exact as incase of natural sciences. These laws are true only on average. They hold good under certain conditions. They cannot be universally applied. So statistics has less practical utility.3. Statistics does not study individuals:Statistics deals with aggregate of facts. Single or isolated figures are not statistics. This is considered to be a major handicap of statistics.4. Statistics can be misused:Statistics is mostly a tool of analysis. Statistical techniques are used to analyze and interpret the collected information in an enquiry. As it is, statistics does not prove or disprove anything. It is just a means to an end. Statements supported by statistics are more appealing and are commonly believed. For this, statistics is often misused. Statistical methods rightly used are beneficial but if misused these become harmful. Statistical methods used by less expert hands will lead to inaccurate results. Here the fault does not lie with the subject of statistics but with the person who makes wrong use of it.
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