Discuss the Scope of Statistics.

4 years ago
Business Statistics

The scope of statistics is much extensive.  It can be divided into two parts

–

  • Statistical Methods such as Collection, Classification, Tabulation, Presentation, Analysis, Interpretation and
  • Applied Statistics – It is further divided into three parts:
    1. Descriptive Applied Statistics : Purpose of this analysis is to provide descriptive
    2. Scientific Applied Statistics : Data are collected with the purpose of some scientific research and with the help of these data some particular theory or principle is
    3. Business Applied Statistics : Under this branch statistical methods are used for the study, analysis and solution of various problems in the field of
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Surya Bikram Bhandari
Surya Bikram Bhandari
Nov 12, 2021
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