answersLogoWhite

0

MERITS OF STATSTICS
  • Presenting facts in a definite form
  • Simplifying mass of figure- condensation into few significant figures
  • Facilitating comparison
  • Helping in formulating and testing of hypothesis and developing new theories.
  • Helping in predictions.
  • Helping in formulation of suitable policies.
LIMITATION OF STATSTICS
  • Does not deal with individual measurement.
  • Deals only with quantities characteristics.
  • Result is true only on an average.
  • It is only one of the methods of studying a problem.
  • Statistics can be measured. It requires skills to use it effectively, otherwise misinterpretation is possible
  • It is only a tool or means to an end and not the end itself which has to be intelligently identified using this tool.
User Avatar

Wiki User

15y ago

Still curious? Ask our experts.

Chat with our AI personalities

JordanJordan
Looking for a career mentor? I've seen my fair share of shake-ups.
Chat with Jordan
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
JudyJudy
Simplicity is my specialty.
Chat with Judy

Add your answer:

Earn +20 pts
Q: Merits and demerits of statistics
Write your answer...
Submit
Still have questions?
magnify glass
imp
Trending Questions
Which one of the following is the most efficient way to retrieve data from an MS SQL database? What happens to the distribution of the t-score as the sample size increases? A graph of boyles law shows the relationship between? List ways to express mathematical probability in genetics? Glenn rolls a 6-sided die. What is the probability that he gets a number greater than 2 or an odd number? Can males get tested for STDs? Which pie graph correctly shows the percentage of elements? If a sample of n 15 scores has been organized in a grouped frequency distribution table it is possible to obtain a list of all 15 scores from the table? How do you make a double bar graph with a scale a title labels and a key? What type of statistical graph retains information about the number of samples? For some positive value of Z the probability that a standard normal variable is between 0 and Z is 0.3340. the value of Z is? How do you convert decimal to percent? How many ways can the letters F A I R be arranged? What is 8.0325 rounded to 2 significant figures? Does great speed increases the probability of injury in a crash? How many years must employers keep accurate records of MDA monitoring measurements? What is the probability of rolling a multiple of 4? What is the experimental probability that the next toss and spin will result in 3 and tails? If the mean is 15.2 and the standard deviation is 0.9 What is the probability that x is greater than 16.1? What is the average shoe size for height 6'1?