what is the scope of statistics
Dear student,
The following broad areas where statistics are applied:
1) Statistics and business: statistical methods use various market surveys on various methods. Statistical tools are used for managing a business.
2) Statistics and government: The government prepares plan or policies on poverty, employment, etc with help of statistical data.
3) Statistics and research: statistics provide data for conducting various research.
4) Statistics and other fields: statistics is also applied on various fields like banking, insurance, trade, etc.
Regards
The following broad areas where statistics are applied:
1) Statistics and business: statistical methods use various market surveys on various methods. Statistical tools are used for managing a business.
2) Statistics and government: The government prepares plan or policies on poverty, employment, etc with help of statistical data.
3) Statistics and research: statistics provide data for conducting various research.
4) Statistics and other fields: statistics is also applied on various fields like banking, insurance, trade, etc.
Regards