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- 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.
- 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.
What else can I help you with?
What are the merits and demerits of index numbers in statistics?
merits and demerits of index number
What are the merits and demerits of central tendency?
The measures of central tendency are mean, median, and mode. The merits of mean are that it is easily calculated and easy to understands. Demerits are that it may be theoretical and cannot be used for qualitative date.
What criteria do you apply to judge the merits and demerits of an average?
Mean median mode
What are the merits of statistics?
statistics helps in gives a well understanding and correct explanation of a phenomenon of nature
Merit and demerits of histogram?
histogram has several merits. one is it is good graphical representation of scores for better understanding. it is basically used for comparing scores.
What are the merits and demerits of index numbers in statistics?
merits and demerits of index number
Explain the merits and demerits of advertising as an aid to trade?
what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement? what is merits and demerits of posters and advertisement?
Merits and demerits of hotels?
hotel merits and demerits
What are the Merits and Demerits of plastic?
merits and demerits of plastics
What are the merits and demerits of fashion shows?
merits and demerits of fasion
Merits and demerits of co-marketing?
Merits and Demerits of media?
Merits and demerits of friction in cricket?
criket merits and demerits
What are the merits and demerits of an economic system?
What are the merits and demerits of an economic system?
What are the merits and demerits of privatization of VSNL?
merits and demerits of privatization of VSNL
Define deflation explain merits and demerits of deflation?
merits and demerits of deflation
What are the Merits and Demerits of Tally over Oracle Application?
what are the merits and demerits of tally?
What are the merits and demerits of communism?
Merits-Everyone is Equal. Demerits-Everyone is Equal.
