Question

Giving example justify the following characteristic of statistics:
(i) statistics are aggrehste of facts.
ii) sattistics are affected by multiplicity of causes.
iii) statistical data are numerically expressed.
iv) statistical data must be obtained with reasonable degree of accuracy.

Answer 1

Heya...

1 Statical data is aggregate of facts...

Unemployment is considered as response to overall economic aggregates .....

2 Statical data is affected by multiple factors...

Aggregate demand level of commodity depends on various determinants of demand....

3 Statical data r numerical expressed...

The income of citizens in eco we express as numerical data....

4 It must be need reasonable accuracy...

Because on this govt policies r determined so accuracy is needed...