Importance and Limitations of Statistics

The purpose of this article is to provide more information about the importance, scope, and limitations of statistics. As the government relied on statistics solely for administration in ancient times, statistics were limited in scope. This subject became increasingly popular and its application became more extensive as time went on. Almost no field of human activity is exempt from the use of statistics today. It is now used primarily by economists, businessmen, scientists, and administrative professionals.

Here we covered

• What is Statistics?
• Limitations of Statistics
• Types of Statistics
• What is the Importance of Statistics?
• What is the Scope of Statistics?
• What are the Limitations of Statistics?
• Important Questions of Limitations of Statistics

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