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Sep 19, 2019 · FUNCTIONS OF STATISTICS FUNCTIONS OF STATISTICS. Statistics are numerical statement of facts capable of analysis and interpretation as well as study of the methods used in collection, organization, presentation, analysis and interpretation of numerical data.
Dec 11, 2017 · Statistics is a crucial process behind how we make discoveries in science, make decisions based on data, and make predictions. Statistics allows you to understand a subject much more deeply. In this post, I cover two main reasons why studying the field of statistics is crucial in modern society.
Apr 11, 2022 · The following articles explain the importance of statistics in other fields: The Importance of Statistics in Healthcare The Importance of Statistics in Nursing The Importance of Statistics in Business The Importance of Statistics in Economics The Importance of Statistics in Education
The major functions of CSO are as under:-Acts as the nodal agency for planned development of the statistical system in the country, lays down and maintains norms and standards in the field of statistics, involving concepts and definitions, methodology of data collection, processing of data and dissemination of results.
Apr 23, 2022 · The study of statistics involves math and relies upon calculations of numbers. But it also relies heavily on how the numbers are chosen and how the statistics are interpreted. For example, consider the following three scenarios and the interpretations based upon the presented statistics.
Following are the functions of Statistics : (i) Statistics presents complex facts into simple and definite form. (ii) Statistics helps in condensing vast statistical information into a few significant figures. (iii) Statistics facilitates comparisons among similar data.
Functions of Statistics: Statistics presents facts in a definite form. It simplifies the mass of figures. It facilitates comparison. It helps in formulating and testing. It helps in prediction. It helps in the formulation of suitable policies. (1) Statistics are an aggregate of facts:
