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Discuss the Scope of Statistics.

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The scope of statistics is much extensive. It can be divided into two parts – 

(i) Statistical Methods such as Collection, Classification, Tabulation, Presentation, Analysis, Interpretation and Forecasting. 

(ii) Applied Statistics – It is further divided into three parts: 

a) Descriptive Applied Statistics : Purpose of this analysis is to provide descriptive information. 

b) Scientific Applied Statistics : Data are collected with the purpose of some scientific research and with the help of these data some particular theory or principle is propounded. 

c) Business Applied Statistics : Under this branch statistical methods are used for the study, analysis and solution of various problems in the field of business. 

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