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InterviewSolution
| 1. |
What do you mean by distrust statistics |
| Answer» this the correct answer of economic<br>\xa0By distrust of statistics, we mean lack of confidence in statistical statements and statistical methods. In other words, distrust of statistics implies that people look upon statistics with doubt and suspicion.Following are some remarks :1. Statistics can prove or disprove anything.2. There are three types of lies : lies, damned lies and statistics.Following are the main reasons for distrust of statistics :(i) Figures are manipulated by dishonest persons to present a wrong picture of the facts.(ii) People do not really know about statistics. | |