INTRODUCTION TO STATISTICS
Definition of statistics: Statistics is called as science of counting.
Statistics may be defined as science of collection, presentation, analysis,
and interpretation of numerical data.
OBJECTIVES OF STATISTICS:
To throw light on the complex data and sense from them
To take action on the basis of the data processed
To draw conclusion on the basis of analyzed data
To prove unknown from known available data
To examine changes in economical activities
Functions of statistics:
It guides in collecting an appropriate quantitative data.
It simplify the complex and presnt same in attractive form.
It examine the past and present data, and indicate the future
It makes comparison between one set of data with other to know the
nature of variables
it collects numerical data systematically.