Economy, asked by sahanapatil5223, 10 months ago

Difference between economics and statistic

Answers

Answered by ritikstar5

2

Answer:

Economists and statisticians both collect data which can apply to a wide range of fields. Economists use data to analyze trends that involve the exchange of money or goods and services. Statisticians work on ways to collect any kind of data to accurately reflect the relationship between desired factors.

Previous Question

Next Question

Similar questions

Math, 4 months ago

How can we multiply ¾ with 2...

Social Sciences, 4 months ago

Some similarities in art and culture of arunachal pradesh uttar pradesh Meghalaya...

English, 4 months ago

people say that an apple doctor day keeps the away ( passive)...

English, 10 months ago

Gandhi ji strongly believed in truth and honesty. (tick the abstract noun) Truth, strongly Truth, honesty Honesty , believed...

Math, 10 months ago

One third of the pole is painted red,one fifth is painted blue and the rest is painted white. If the portion which is painted white is 210cm long, what is the length of the pole?

Chemistry, 1 year ago

What is Pasteurisation? 25 points No Spam No small answers Define Clearly ...

Political Science, 1 year ago

what sort of problem are common and recurring the village...

Social Sciences, 1 year ago

How many official languages are there is India? (a) 98 (c) 13 (b) 42 (d) 22 ...