Fields in which statistics and economics are used together
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Fields where you can apply statistical methods. Statistical Analysis is a study of collecting, analyzing, organizing, interpreting data. It plays a crucial role in every field of human activity.They are numerically expressed facts to represent and speculate the samples using logical reasoningStatistics is a data interpretation tool used for collecting, classifying and analyzing data. ... Broadly speaking, statistics helps in : analysing various economic problems such as inflation, unemployment etc by looking at numbers, trends over the years.
Fields where you can apply statistical methods. Statistical Analysis is a study of collecting, analyzing, organizing, interpreting data. It plays a crucial role in every field of human activity.They are numerically expressed facts to represent and speculate the samples using logical reasoningStatistics is a data interpretation tool used for collecting, classifying and analyzing data. ... Broadly speaking, statistics helps in : analysing various economic problems such as inflation, unemployment etc by looking at numbers, trends over the years.Explanation:
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Fields where you can apply statistical methods. Statistical Analysis is a study of collecting, analyzing, organizing, interpreting data. It plays a crucial role in every field of human activity.They are numerically expressed facts to represent and speculate the samples using logical reasoning.