Explain the features of statistics with the help of examples

1.	Explain the features of statistics with the help of examples
Answer» Answer: It consists of aggregates of facts: In the plural sense, statistics refers to data, but data to be called statistics must consist of aggregate of certain facts. A single and isolated fact or figure like, 60 Kgs. weight of a STUDENT or the death of a particular person on a day does not amount to statistics. EG A statistic is a characteristic of a sample. Generally, a statistic is used to estimate the value of a population parameter. For instance, suppose we SELECTED a random sample of 100 students from a school with 1000 students. The average height of the SAMPLED students would be an example of a statistic.

Answer»

Answer:

It consists of aggregates of facts:

In the plural sense, statistics refers to data, but data to be called statistics must consist of aggregate of certain facts. A single and isolated fact or figure like, 60 Kgs. weight of a STUDENT or the death of a particular person on a day does not amount to statistics.

A statistic is a characteristic of a sample. Generally, a statistic is used to estimate the value of a population parameter. For instance, suppose we SELECTED a random sample of 100 students from a school with 1000 students. The average height of the SAMPLED students would be an example of a statistic.

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