4 Limitation of Statistics

The statistic is not a limitless science.

Cornellius Yudha Wijaya
DataDrivenInvestor
Published in
5 min readFeb 14, 2021

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Photo by Leif Christoph Gottwald on Unsplash

What is the definition of Statistic? Many people had tried to define statistic, but the term that I love to explain statistic is:

The science of collecting, analyzing, presenting, and interpreting data

Simple yet elegant. That is a statistic, a science that works relentlessly from one end (Data…

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