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Limitation of stats

Answer» Limitations of StatisticsThe important limitations of statistics are:\tStatistics 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.\tStatistical methods are best applicable to quantitative data.\tStatistics cannot be applied to heterogeneous data.\tIf sufficient care is not exercised in collecting, analyzing and interpreting the data, statistical results might be misleading.\tOnly a person who has an expert knowledge of statistics can handle statistical data efficiently.\tSome errors are possible in statistical decisions. In particular, inferential statistics involves certain errors. We do not know whether an error has been committed or not.\xa0


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