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.
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.