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Syllabus

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?

1. Briefly explain the three distinct components of economics.

What is production, consumption and distribution?

Merits and Demerits of

Statistics.( In points please)write three sentences highlighting importance of statistics in economics.

What do you mean by aggregate of facts?as in statistics is an aggregate of facts

Absence of scarcity would mean absence of economics. Explain with logical reasoning.

Statistical methods are no substitute for common sense. Comment.

"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.

explain importance of statistics in economic planning

a. Increasing slope

b. Decreasing slope

c. Constant slope

d. None of these

"there are three kinds of lies-lies, damned lies and Statistics."Explain the statement.

i read the answer but could not understand plz elaborate a little.

explain how scarcity is undercurrent of economics.

define statistical series?

what is the importance of statistics in economics?

All numerical statement of facts are not statistics but all statement of numerical facts are statistics.Explain.

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.

Difference between Statistics in singular sense and Statistics in plural sense!

(a) under diminishing returns to a factor, total product continuous to increase tail marginal product becomes zero.?

(b) law of variable proportions will not apply to agricultural sector.?

(c) in short run, production function factor ratio changes at different levels of output.?

(d) the law of variable proportions will apply across time periods, across industries.?

(e) marginal product is the measure of labour productivity.

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

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.

statistics can prove anything.explain

Abscence of scarcity would mean absence of economics. Explain with logical reasoning in about 150-200 words.

1)In construction of economy

2)In planning

3)In evaluation of policies of the government

4)To level the structure of an economy

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 ?

discuss the relationship between statistics and economics.(any 4 points).

what is economics?

2. Dissemination of price information for growers and its impact on consumers.

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Explain Robbin's definition of economics. Give its criticism.

name the stages of statistical study and statistical tools for the presentation of data.

Define statistics. what are its basic characteristics?

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?

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.

Statistical data are straw out of which all economists have to make bricks. Explain.

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 economic activity is an ordinary business of life.

Explain how scarcity is the undercurrent of economics?

Numbers are not statistics?

All numerical statement of facts are statistic but all statement of numerical facts are statistic..Justify . Please experts answer this ques as soon as possible .