Answer to Question #60981 in Economics for Deepak

Question

Giving example justify the following characteristic of Statistics : (i) Statistics are aggregate of facts. (ii) Statistics are affected by multiplicity of causes. (iii) Statistical data are numerically expressed. (iv) Statistical data must be obtained with reasonable d

Answer 1

(i) Statistics are aggregate of facts. Single factor isolated facts, or un¬related figures do not constitute statistics.
(ii) Statistics are affected by multiplicity of causes. For instance data on malnutrition is affected not only by poverty but also by a host of other factors like hygienic rules, etc.
(iii) Statistical data are numerically expressed. Othervise it will not be possible to analyse it and produce conclusion with the requird level of precision. Counting or measurement of data can be made possible
(iv) Statistical data must be obtained with reasonable degree of accuracy. For getting reasonable standard of accuracy the field of enquiry should not be very large. If it is infinite or very large, even enumeration of data is impossible and reasonable standard of accuracy may not be achieved.