Meaning Definition Nature And Importance Of Statistics

As far as scope is concerned it is studied under following heads.

Meaning definition nature and importance of statistics. By statistics we mean quantitative data affected to a marked extend by a multiplicity of causes. Definition of statistics 3. A knowledge of statistics is like a knowledge of foreign language of algebra.

The science of statistics is essentially a branch of applied mathematics and can be regarded as a mathematics applied to observation data r a fisher. As far as scope and importance of statistics is concerned it is very vast. About press copyright contact us creators advertise developers terms privacy policy safety how youtube works test new features press copyright contact us creators.

Meaning of statistics 2. First statisticians are guides for learning from data and navigating common problems that can lead you to incorrect conclusions. Scope and importance of statistics.

Populations can be diverse groups of people or objects such as all people living in a country or every. Acquiring data is dependent on the method of collection. The collection of data can be random or clustered depending on the nature of the survey.

By statistics we mean aggregate of facts affected to a marked extent by multiplicity of causes numerically ex pressed enumerated or estimated according to reasonable stand ard of accuracy collected in a systematic manner for a predeter mined purpose and placed in. It has been used right from the existence. In this post i cover two main reasons why studying the field of statistics is crucial in modern society.

The subject statistics as it seems is not a new discipline but it is as old as the human society itself. There is almost no human activity where its application is not needed. The meaning definition nature importance and limitations of statistics.