what is stats?

The answer to your question is already covered in our study material. Follow the given link and scroll down to the topic ' Meaning of statistics' to view the same.

https://www.meritnation.com/cbse/class11-commerce/studymaterial/economics/statistics-for-economics/introduction/443_2493_6415#slide2_study-of-statistics--important-and-limitations
 
We would advice you to not to keep on piling your questions, rather, you should keep posting 1 to 2 questions per subject (Accountancy, Economics and Business Studies) on everyday basis. Ideally, you should go through the study material that is available on our website and look for the answers to the questions. This will not only help you to enhance your analytical abilities but also will help you to learn the application of your knowledge. In this manner, you will gain confidence and will help you in evaluating your preparation. ​
 


 

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