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define statistics in singular and plural sense
"there are three kinds of lies-lies, damned lies and Statistics."Explain the statement.
Statistics is both science as well as an art.explain
Problem of choice is unavoidable in the ordinary business of life. How?
scarcity causes economic problem. how ?
1. Briefly explain the three distinct components of economics.
"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.
Merits and Demerits of Statistics. ( In points please)
Statistics is defined as the science which deals with the analysis of statistical data. Give examples.
Statistical methods are no substitute for common sense. Comment.
Absence of scarcity would mean absence of economics. Explain with logical reasoning.
Briefly explain the term service holder and service provider with an example each.
What is production, consumption and distribution?
explain importance of statistics in economic planning
Abscence of scarcity would mean absence of economics. Explain with logical reasoning in about 150-200 words.
explain how scarcity is undercurrent of economics.
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.
name the stages of statistical study and statistical tools for the presentation of data.
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
Difference between Statistics in singular sense and Statistics in plural sense!
statistics can prove anything.explain
Make a list of activities that constitute the ordinary business of life. Are these economic activities?
define statistical series?
the government and policy makers use statical data to formulate suitable policies of economic development.illustrate with two examples
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.
Define the concept of universe as used in statistics ?
what is scarcity definition of economics?
discuss the relationship between statistics and economics.(any 4 points).
What are your reasons for studying Economics?
What do you mean by aggregate of facts?as in statistics is an aggregate of facts
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?
distinguish between 'quantitative' and 'qualitative data'?
Statistical data are straw out of which all economists have to make bricks. Explain.
Numbers are not statistics?
Explain how economic activity is an ordinary business of life.
How does statistics help the government in reducing inequality in income distribution in a country?
who is known as father of statistics?
briefly explain the 3 distinct components of economics.
state the main limitations of statistics .
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