Question

II. Answer the following (3/4 Marks)
1) Discuss the role of Statistics in economic planning.
2) The subject matter of statistics could be studied through descriptive method
or through inferential method. Elaborate with the help of an example.
3) ‘An activity can be economic activity in one situation and non- economic in
another situation’. Do you agree? Give an example to justify your answer.
4) What are statistical methods? Name the various methods statistical
methods.
5) ‘Statistics are figures, but all figures are not statistics ’. Justify the statement.​

Answer 1

Answer:

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