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define statistics in singular and plural sense
Statistics is both science as well as an art.explain
scarcity causes economic problem. how ?
Problem of choice is unavoidable in the ordinary business of life. How?
"Statistics are numerical statements of facts , but all facts numerically stated are not statistics." Explained the above statement and point out which numerical statements of facts are statistics.
1. Briefly explain the three distinct components of economics.
Merits and Demerits of Statistics. ( In points please)
Mark the following statements as true or false.
(i) Statistics can only deal with quantitative data.
(ii) Statistics solves economic problems.
(iii) Statistics is of no use to Economics without data.
Statistical methods are no substitute for common sense. Comment.
Absence of scarcity would mean absence of economics. Explain with logical reasoning.
explain importance of statistics in economic planning
what is the importance of statistics in economics?
explain how scarcity is undercurrent of economics.
"there are three kinds of lies-lies, damned lies and Statistics."Explain the statement.
All numerical statement of facts are not statistics but all statement of numerical facts are statistics.Explain.
Difference between Statistics in singular sense and Statistics in plural sense!
Statistics is defined as the science which deals with the analysis of statistical data. Give examples.
Statistical methods are dangerous weapons in the hands of an unqualified person. Explain.
who is known as father of statistics?
How will you choose the wants to be satisfied?
"You have unlimited wants and limited resources to satisfy them." Explain by giving two examples.
make a list of activitiesin a bus stand.How many of them are economic activities
statistics can prove anything.explain
Statistical data are straw out of which all economists have to make bricks. Explain.
define statistical series?
What is production, consumption and distribution?
the government and policy makers use statical data to formulate suitable policies of economic development.illustrate with two examples
Define the concept of universe as used in statistics ?
name the stages of statistical study and statistical tools for the presentation of data.
discuss the relationship between statistics and economics.(any 4 points).
what is scarcity definition of economics?
What are your reasons for studying Economics?
Make a list of activities that constitute the ordinary business of life. Are these economic activities?
why do we study statistics in economics ?
Explain the relationship between Economics and Statistics and discuss how far it is correct to say that the science of economics is becoming statistical in its method.
What do you mean by aggregate of facts?as in statistics is an aggregate of facts
what is the difference between statistics in plural sense and in singular sense?
What are the reasons for economic problem in india ouestion marks 6
Explain how scarcity is the undercurrent of economics?
What is central problems?
Explain how economic activity is an ordinary business of life.
Numbers are not statistics?
Abscence of scarcity would mean absence of economics. Explain with logical reasoning in about 150-200 words.
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