Introduction — Economics STD 11 Commerce — Question

Statistics is defined as aggregate of numerical facts. A single number does not constitute statistics, for simple reason that such figures cannot be compared.
For example, if it is stated that there are 1000 persons in our village, then it has little statistical significance. This information, although expressed in a numerical figure is not statistics.
But if it is stated that there are 300 men, 400 women and 300 children in our village, it makes more statistical sense as this data conveys useful information. So, these figures are statistics. So, on the basis of the above discussion it can be concluded that all statistics are figures, but all figures are not statistics. Figures which convey meaningful and useful information fall under the preview of statistics.