Describe some fundamental characteristics of statistics.

Statistics in plural sense have the following characteristics:

(i) A single observation does not form statistics.

Statistics are a sum total of observations.

(ii) Statistics are expressed quantitatively and not qualitatively.

(iii) Statistics are collected with a definite purpose.

(iv) Statistics in an experiment are comparable and can be classified into various groups. 

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Updated on: 10-Oct-2022

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