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statistical methods are dangerous weapons in the hands of an unqualified person . explain

Posted by Kanika Mehra 5 years, 2 months ago

CBSE > Class 11 > Economics

2 answers

Arinan Aggarwal 5 years, 2 months ago

Yes,statistical methods are dangerous in the hands of an qualified person as that person is not qualified.Also for interpreting the data experts are needed for great accuracy.For example in a family 4 persons (father,2 children,mother) have to cross the river.For that the father took average of their height and found it greater than river.But when they crossed 2 children drowned. In this example the statistical method is not wrong but the father used it in wrong situation and misinterpreted it.Therefore we can conclude that statistical method should be interpreted and used by experts only.

Dinesh Kumar 5 years, 2 months ago

Why is choice essential in the study of economics

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