Q1 What is the scope of statistics in present day?
Dear student,
The scope of statistics can be judged from the following points:
The scope of statistics can be judged from the following points:
- It helps in drawing important conclusions and decision making in different fields.
- It helps in studying the relationship between various variables, thereby, helps in establishing the cause and effect relationship.
- Statistics is nowadays used in varied fields such a agriculture, economics, physics, etc.