Explain the nature of statistics - Economics - Introduction

Question

Explain the nature of statistics

Komal Rani · Accepted Answer

Dear Student
statistics in plural sense, it means a collection of
numerical facts
statistics in singular sense , it deals with
collection organisation , presentation analysis and interpretation
of the constitutive information
The detail answer to your question is covered in
our study material To view the concerned lesson, follow the below
link, then select Chapter-1 (
Introduction ) of Statistics, Lesson- 2 (
Study of Statistics- Importance and
Limitations ) and scroll down to the topic '
Meaning of Statistics '

https://www meritnation
com/cbse-class-11-commerce/economics/statistics-for-economics/introduction/studymaterial/161_16_443_2493_6415

Regards