B Com Exam  >  B Com Questions  >  what is the characteristics of statistics Rel... Start Learning for Free
what is the characteristics of statistics
?
Most Upvoted Answer
what is the characteristics of statistics Related: Statistics as a Su...
The characteristics of statistics include:

1. Collection of data: Statistics involves the collection of data from various sources, including surveys, experiments, and observational studies.

2. Organization and presentation of data: The collected data is organized and presented in a way that makes it easy to understand and analyze.

3. Analysis of data: Statistics involves the use of various statistical methods and techniques to analyze and interpret data.

4. Use of probability: Probability is an important part of statistics, as it helps in making predictions and drawing conclusions based on the data.

5. Inference: Inference involves drawing conclusions from a sample of data that can be applied to the larger population.

6. Decision-making: Statistics is often used in decision-making processes, such as in business and government, to help make informed choices based on data analysis.

7. Quantitative in nature: Statistics is a quantitative subject that deals with numerical data and analysis.

8. Interdisciplinary: Statistics is an interdisciplinary subject that is applicable in various fields, including business, economics, healthcare, and social sciences.
Community Answer
what is the characteristics of statistics Related: Statistics as a Su...
Hii
Explore Courses for B Com exam
what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics?
Question Description
what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics?.
Solutions for what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? defined & explained in the simplest way possible. Besides giving the explanation of what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics?, a detailed solution for what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? has been provided alongside types of what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? theory, EduRev gives you an ample number of questions to practice what is the characteristics of statistics Related: Statistics as a Subject, Business Mathematics & Statistics? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev