Assertion (A) - Statistics helps in evaluating various stages of economic planning through statistical methods. It measure the success and failure of economic plans and accordingly guides to apply corrective measures. Reason (R) - Statistical methods can be used to establish mathematical relation between various economic variables. For example, data on prices and corresponding data on quantity supplied of a good in the market can be used to understand price supply relationship between these variables.
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A and R both are correct and R is not the correct explanation of A
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