(ii) In Economic Planning:Statistics is an important tool of economic planning. Planners use statistical data to formulate policies for economic development. |
Apart from aiding in the planning and execution of theories, Statistics also plays a crucial role in helping us understand the structure of any economy. With ... |
The prime objective of uses of statistics to reduce the risk and arrive at feasible conclusion in the world of uncertainty. Importance of statisties to State. |
important for understanding the performance of an economy. It also provides us important data for comparing the performance of an economy with itself over time ... |
29 мая 2024 г. · Statistics plays a major role in economics. Statistics helps in the study of market structure and understand the different economic problems. |
In this lesson we will discuss about meaning, scope and needs of economics and its various functions and limitations. Need and Scope of. Statistics a) Need for ... |
STATISTICS: MEANING AND DEFINITION, AND CHARACTERISTICS. In olden days, statistics meant the data in relation to the activities of the state collected. |
Scope and Importance of statistics. Unit-II Collection of Data, Sources of. Data-Primary and Secondary Data. How basic data is collected. Method of collecting ... |
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