Tuesday 30 May 2017

            Function of statistics
The field of statistics involves methods and theory used to pile numerical data or observations with the objective of making rational decisions in the face of uncertainly. It is also possible to predict the course of events in the future on the basis of past experience with the help of statistical data. Briefly, the functions of statistics are:

1.    To present facts in a definite form : The main function of statistics is to present general statement in definite and specific form. It also presents data and information in a precise and definite form and therefore comparisons.

2.  To simplify complex data so as to make them understandable: statistics present facts indefinite form and helps in condensing a huge data into a significant figure. It also helps in simplifying the complex data so as to make them understandable.

 

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