importance of statistics in economics
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economic modern development in Economics have their roots in statistics in fact economics and statistics are closely associated time series analysis index numbers demand analysis Excel at some overlapping areas of economics and statistics in this connection we may also mention the economy tricks a branch of economics that interact with statistics in very positive a conducting the social economic service and analysing the data derived from it are made with the help of different statistical methods regression analysis one of the numerous application of statistics play a key role in Economics for making the future prediction of demand of good sales prices quantity which for all ingredients of economic planning
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