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Define Statistics. What are the important functions and limitations of Statistics?
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Asked 5/27/2014 11:06:05 PM
Updated 5/28/2014 7:08:50 AM
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Flagged by paral [5/28/2014 7:08:50 AM]
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User: Define Statistics. What are the important functions and limitations of Statistics?

Question
Asked 5/27/2014 11:06:05 PM
Updated 5/28/2014 7:08:50 AM
1 Answer/Comment
Flagged by paral [5/28/2014 7:08:50 AM]
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Statistics is described as a mathematical body of science that pertains to the collection, analysis, interpretation or explanation, and presentation of data, or as a branch of mathematics.
Added 5/28/2014 7:08:49 AM
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Questions asked by the same visitor
A bag contains 3 red, 6 white and 7 blue balls. If two balls are drawn at random, then the probability of getting both white balls is Options 5/40 6/40 7/40 14/40
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Updated 5/28/2014 6:25:11 AM
1 Answer/Comment
A bag contains 3 red, 6 white and 7 blue balls. If two balls are drawn at random, then the probability of getting both white balls is 5/40.
6/16*5/15=30/240=5/40.
(this could be further to reduced to 1/8)
Added 5/28/2014 6:25:11 AM
This answer has been confirmed as correct and helpful.
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Updated 5/28/2014 6:27:07 AM
1 Answer/Comment
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Updated 5/28/2014 4:23:25 AM
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Intrapreneur is employee.
Added 5/28/2014 4:23:25 AM
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Updated 5/28/2014 7:59:22 AM
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The reward to entrepreneur for risk taking is profit.
Added 5/28/2014 7:59:22 AM
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Updated 5/28/2014 8:05:10 AM
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