InterviewSolution
Saved Bookmarks
InterviewSolution
| 1. |
What is statistics what are its basic characteristics |
| Answer» Statistics\xa0are the sets of mathematical equations that we used to analyze the things. It keeps us informed about, what is happening in the world around us.Characteristics of Statistics:\tStatistics are aggregates of facts.\tStatistics are numerically expressed.\tStatistics are affected to a marked extent by multiplicity of causes.\tStatistics are enumerated or estimated according to a reasonable standard of accuracy.\tStatistics are collected for a predetermined purpose.\tStatistics are collected in a systemic manner.\tStatistics must be comparable to each other. | |