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Characteristics of Statistics

Some of its important characteristics are given below:

  • Statistics are aggregates of facts.
  • Statistics are numerically expressed.
  • Statistics are affected to a marked extent by multiplicity of causes.
  • Statistics are enumerated or estimated according to a reasonable standard of accuracy.
  • Statistics are collected for a predetermine purpose.
  • Statistics are collected in a systemic manner.
  • Statistics must be comparable to each other.
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13y ago

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Statistics involve collecting, analyzing, interpreting, and presenting data. It utilizes mathematical principles to summarize and make inferences about information. Statistics help in making informed decisions and identifying patterns or trends within a dataset.

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12mo ago
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racteristics of statistics

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Wiki User

11y ago
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Q: What are the characteristics of statistics?
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