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life is full of statistics So does it mean that all the activities in Life involves statistics or is it just a scale down versions of life activities? This question must be answered by most highly previledged people in human and social statistics.

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Q: What are the advantages of statistics?
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What are the advantages and disadvantages of data collection methods in statistics?

There are both advantages and disadvantages of data collection methods in statistics. The main advantages are the metrics and correlation one can draw from statistics. The disadvantages stem from sampling errors.

What are the advantages and disadvantages of parametric statistics?


What are the advantages and disadvantages of inferential statistics?

One advantage of inferential statistics is that large predictions can be made from small data sets. However, if the sample is not representative of the population then the predictions will be incorrect.

What are the advantages of discharging crime statistics?

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There are many advantages and disadvantages of variance in statistics. One disadvantage is that you never know what answer you'll get.

Advantage of statistics in business?

There are so many advantages of statistics in business. They will help in planning and making critical decisions that are related to the business.

What are the advantages and disadvantages of using official statistics?

Official statistics are more likely to be correct and upto date, however because it is government controlled they maybe bias or not showwing the simple data.

What is a superior observational study?

If we're talking about statistics: There is no superior observational study, each study has its advantages and disadvantages.

What is advantages and disadvantages of weighted average?

The advantages of using weighted averages are that it smooths out fluctuations due to statistical outliers. The disadvantage is that this gives a uniformity in the statistics and can make it difficult to project trends.

What are advantages of inferential statistics?

They give estimates of unknown parameters which can then be used to make predictions based on distributions which are better known.

What are the advantages and disadvantages of descriptive statistics?

Descriptive statistics are very useful for showing and summarizing data when any complex models are nit needed. However, it does not explain the relationship between two or more pieces of data and it does not leave any room to explain randomness in the data.

Advantages and disadvantages of official statistics?

Disadvantage; Its unlikley that the government or another offical body, would collect data to be made for sociological use. This means that offical statistics are often unrelated to sociology and subjects like this which use them as a method.