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definition and meaning of statistics

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Q: Functions and limitations of statistics
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Scope and limitations of statistics?

scope and lim;tation of statics


What are some limitations of statistics?

limitations of statistics are as follows: 1. Statistics does not deal with an individual 2.It is not suitable to the study of qualitative phenomenon 3.Statistical relations are not exact 4.Statistics is liable to be misused 5.Statistics is only a means


What are the limitations of disparate impact statistics as indicators of potential staffing discrimination?

What are the limitations of disparate impact statistics as indicators of potential staffing discrimination?


Limitations of statistics?

One limitation of statistics is that everyone doesnÕt understand them or how to use them. There is also a possibility for errors.


What is the name of the pre-written formulas in Excel that helps to complete statistics?

They are called functions. Excel has a specific category or functions used to calculate statistics.


What function is a statistical function?

Elucidate the functions of statistics.


What are the limitations of national income statistics?

National income statistics are heavily limited by disclosure. If many people choose not to reveal their true income levels, the statistics available will be skewed.


Prewrtten formulas used to help compute statistics?

functions


What are the importance and limitations of national income statistics?

The importance of national income statistics is to show a national income figures and show the performance of the company. The limitations are there are room for errors in report , some categories are not accurate or are misrepresented , and they do not measure welfare as a source of income.


Are statistics use in a financial spreadsheet?

Yes. Statistics and statistical functions would indeed be used in a financial spreadsheet. A lot of financial data is statistical.


What are the built in formulas used by Microsoft Excel to help compute statistics?

The statistical functions.


In Excel what are prewritten formulas designed to compute statistics called?

Statistical Functions See related links for a list of statistical functions available in Excel.