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.
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definition and meaning 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?
firstly there are lack of standardization,i.e,countries compute their national income differently. secondly different needs,tastes and consumption patterns of different countries thirdly Exchange rate,i.e, different currencies to compute national income
One limitation of statistics is that everyone doesnÕt understand them or how to use them. There is also a possibility for errors.