Is statistics a solution of our problems or means to indicate problems?
It is only a means to indicate problems.
Statistics can be applied in studying qualitatively expressed problems.
Mark the following statements as true or false.
(i) Statistics can only deal with quantitative data.
(ii) Statistics solves economic problems.
(iii) Statistics is of no use to Economics without data.
Statement: For any kind of problem with your mobile Phone, contact our help desk immediately.
Assumptions:
I. Help desk has a solution to all kinds of problems related to mobile phones or will guide accordingly.
II. Unless the problem is reported immediately, it cannot be solved.