Question

guys pls answer I need help urgently
State whether the following statements are true or false. Justify with valid reasons (3)
a) Economic forecasting means astrological predictions.
b) Construction of economic theories is not possible without statistical experiments.
c) Statistics studies not only aggregates of quantitative facts but also facts related to a particular
unit.

Answer 1

Explanation:

State whether the following statements are True or False

1) Statistic is a science.

2) Statistics is affected by multiplicity of causes.

3) Statistical laws are not mathematically correct

4) Statistics is numerically expressed.

5) Statistics cannot be used in research.