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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 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.


What function is a statistical function?

Elucidate the functions of statistics.


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.


What does Microsoft Excel do for statistics students?

Excel is an excellent tool for doing statistics with, as it has many statistical functions and other ways of dealing with data that can be of use to anyone studying statistics. It can help to very quickly process statistics and do things like create charts for them.