As imperative and important as they are, statistics and the study of it is never truly appreciated. If you are among the few intrigued by this field, this presentation given here will serve you right. The innumerable scope of the subject is just as fascinating as the functions and different uses the process gifts us with. It is only fair to say that they do have their own set of limitations and steps however, the end result is as beautiful as it can get and will bring pride to your initial decision. The functions of statistics and its advantages and disadvantages are something to be looked into. Regarding the functions alone of the technique of statistics – it assists in policy making, enables the firm or organisation to see into the future and thus rectify their mistakes from early on, gives precision to already existing facts where the facts are already present in definite structures too. These functionalities are just the tip of the ice berg. Watch the PPT to know more.

Abhijith S

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