Question

"Economic data is not very easy to understand and comprehend but with the help of statistics we can arrive at some logical value from such data". Enumerate main functions of statistics in the light of above statement.​

Answer 1

Answer:

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Explanation:

Ques 3 Economic data is not very easy to understand and comprehend but with the help of statistics we can arrive at some logical value from such data". Enumerate main functions of statistics in the light of above statement.

Ans: Statistics means quantitative information or quantification of the facts and findings. It may be raw information which, needs to be classified