The document discusses the meaning, scope, and importance of statistics, highlighting its evolution from a tool for understanding economic and social conditions to an independent field of study. It defines statistics in both plural and singular senses, emphasizing its role in data collection, analysis, and interpretation. Additionally, it outlines the functions of statistics in simplifying complex data, facilitating comparisons, aiding policy formulation, and forecasting, while also noting its significance in government and economic contexts.
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stats ch 2
The document discusses the meaning, scope, and importance of statistics, highlighting its evolution from a tool for understanding economic and social conditions to an independent field of study. It defines statistics in both plural and singular senses, emphasizing its role in data collection, analysis, and interpretation. Additionally, it outlines the functions of statistics in simplifying complex data, facilitating comparisons, aiding policy formulation, and forecasting, while also noting its significance in government and economic contexts.