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Branch of statistics which deals with development of particular statistical methods is classified as
  • a)
    industry statistics
  • b)
    economic statistics
  • c)
    applied statistics
  • d)
    mathematical statistics
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Branch of statistics which deals with development of particular statis...
Branch of statistics which deals with development of particular statistical methods is classified as mathematical statistics.

Explanation:
Mathematical statistics is the branch of statistics that deals with the development of particular statistical methods and theory. It is concerned with the mathematical theory and methodology of statistical inference, which is the process of making decisions or predictions based on data. Mathematical statistics includes the study of probability theory, estimation theory, hypothesis testing, and decision theory. It is an important field of study in both academic and applied settings, and is used in a wide range of fields, including finance, engineering, social sciences, and natural sciences.
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Branch of statistics which deals with development of particular statis...
D
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Branch of statistics which deals with development of particular statistical methods is classified asa)industry statisticsb)economic statisticsc)applied statisticsd)mathematical statisticsCorrect answer is option 'D'. Can you explain this answer?
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Branch of statistics which deals with development of particular statistical methods is classified asa)industry statisticsb)economic statisticsc)applied statisticsd)mathematical statisticsCorrect answer is option 'D'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Branch of statistics which deals with development of particular statistical methods is classified asa)industry statisticsb)economic statisticsc)applied statisticsd)mathematical statisticsCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Branch of statistics which deals with development of particular statistical methods is classified asa)industry statisticsb)economic statisticsc)applied statisticsd)mathematical statisticsCorrect answer is option 'D'. Can you explain this answer?.
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