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Advantage and disadvantage of statistics


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Solution

The advantages of statistics are:

  • The bulk data can be presented in a precise and definite form.
  • The comparison and conclusions of data becomes easy.
  • Forecasting the trends becomes easy with statistics & nbps;

The disadvantages of statistics are:

  • The statistical data can lead to misuse.
  • There are chances of errors becomes easy when the statistical methods are not done by the experts.
  • For the comparison of the data, the data should be homogeneous and uniform.

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