Statistics is a Science: Statistics is a script in which we get orderly or systematic knowledge. Statistics, according to About.com, is the study of numerical information called data. keep it up No doubt answer is very good .There are 8 points in b.management n u wrote 8 correctly but u repeat 4 two tym in that b.management not a sentence just a digital. In ancient days, the states were required to collect statistical data mainly for the number of youngmen so that they can be recruited in the Army.Also to calculate the total amount of land revenue that can be collected. DEFINITION AND SCOPE OF STATISTICS. French word ‘Statistique’. Need improvement.Really nice blog post.provided a helpful information.I hope that you will post more updates like this Amazing information.

Statistical methods are not going to investigate anything about this statement. Exact matches only Researchers use statistics for evaluating problems under distinct conditions. These characteristics are qualitative in nature.In such type of characteristics, only comparison is possible The use of statistical methods is limited to quantitative characteristics and those qualitative characteristics which are capable of being expressed numerically.The task of statistical analysis is performed under certain conditions. The word Statistics has been derived from the various words: 1. There is almost no human activity where its application is not needed.

Subject matter of Statistics. Scope of Statistics. Business relies on statistical information for taking various decisions such as pricing, marketing, financial resources, etc.Economics and statistics are two interrelated terms and are used with one another. Gradually its scope was enlarged to tackle other problems relating to political activities of the State.In the modern era, the role of State has increased and various governments of the world also take care of the welfare of its people. you are completing an extraordinary activity . The scope of statistics has an efficient role in both the auditing and accounting field. Our mission is to liberate knowledge.

Subject matter of statistics


absence of statistics. Statistics can be used for making sales projections, financial analysis of capital expenditure projects, constructing profit projections for a new product, setting up production quantities, and making a sampling analysis to determine the quality of a product. The scope of statistics also includes information that is used by the government for its administrative activities. From this point in view, statistics is also an art. The consumer’s maximum satisfaction can be determined on the basis of data pertaining to income and expenditure. Course Outline Definitions, Scope and Limitations Introduction to sampling methods Collection of data, Classification and Tabulation Frequency Distribution Diagrammatic and Graphical Representation Measures of Central Tendency 2 Lesson 1. Wallis and Roberts in the book-“Statistics-A New Approach” have stated that “Statistics is not a body substantive knowledge but a body of methods for obtaining knowledge.”It is a known fact that if science is a systematic knowledge then art is an action. Auditing involves choosing and evaluating the sample for verifying the correctness.Statistics are used by auditors for selecting the sample size for checking out errors. Thus, these are the in the hands of a statistical investigator which help to achieve the desired goals, always a means to an end whose accuracy depends on the aim to be achieved.The applied statistics includes application of statistical me’ and techniques to the problems and facts as they exist. It is almost impossible to conduct research in theabsence of statistics. The various laws of demand depend on the data concerning price and quantity.

Scope and Importance of Statistics: As far as scope and importance of statistics is concerned it is very vast. Statistics is a set of decision-making techniques which helps businessmen in making suitable policies from the available data. Whereas, in accounting, it is used for taking various decisions on the basis of approximation. Introduction to Statistics 1. It is on the basis of data relating to demand and time deposits that the bankers determine the credit policies. As an art, it uses statistics to solve the problems of real life.According to Dr. Bowley, “Statistics is the science of measurement of the social organism regarded as a whole in all its manifestations.” This definition defective. The government while preparing budgets uses statistics for estimating its expenditure and revenue from different sources. Geektonight is a vision to provide free and easy education to anyone on the Internet who wants to learn and grow in their career. quick revision is best for xam and the information is very helpful Thnx but not get Complete info like Scope of statistics : Economics, Computer Science, Business and Management, etc.What are the relationship between statisticians and medical recordersIt is an important and useful terms are given on the statistics.


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