Question

1. Explain the scope of Statistics.
of economics
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Answer 1

Answer:

Statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation and presentation of data. It provides tools for predicting and forecasting the economic activities.

Explanation:

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Answer 2

Answer:

meaning of statistics scope

Explanation:

statistics is a mathematical science pertaining to the collection, analysis, interpretation or explanation and presentation of data. it provides tools for predicting and forecasting the economic activities