Elementary Statstics

1.2.3 Condensation

Not only does Statistics present facts in a definite form but it also helps in condensing mass of data into a few significant figures. In a way, statistical methods present a meaningful overall information from the mass of data. Thus, it is impossible for one to form a precise idea about the income position of the people of India form a record of individual incomes of the entire population. However, the figure of per capital income can be easily remembered by every one.