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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 ?
Difference between Statistics in singular sense and Statistics in plural sense!
Problem of choice is unavoidable in the ordinary business of life. How?
1. Briefly explain the three distinct components of economics.
"there are three kinds of lies-lies, damned lies and Statistics."Explain the statement.
Merits and Demerits of Statistics. ( In points please)
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
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.
explain how scarcity is undercurrent of economics.
All numerical statement of facts are not statistics but all statement of numerical facts are statistics.Explain.
what is the importance of statistics in economics?
"all numerical data cannot be called statistics but allstatistics are callednumerical data." 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.
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
define statistical series?
statistics can prove anything.explain
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 ?
discuss the relationship between statistics and economics.(any 4 points).
what is scarcity definition of economics?
name the stages of statistical study and statistical tools for the presentation of data.
Statistical data are straw out of which all economists have to make bricks. Explain.
What are your reasons for studying Economics?
Make a list of activities that constitute the ordinary business of life. Are these economic activities?
difference between qualitative and quantitative data?
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 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?
define statistics as an subject .discuss the role of statstics in economics.
Explain how economic activity is an ordinary business of life.
"all numerical data cannot be called statistics but all statistics re called numerical data." explain.
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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