Economy, asked by sudip7656, 9 months ago

Importants of statistic in economics

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Answered by madhanb8ipsvig
2

Answer:In economics research, statisticalmethods are used to collect and analyze the data and test hypotheses. The relationship between supply and demand is studied by statisticalmethods; imports and exports, inflation rates, and per capita income are problems which require a good knowledge of statistics.                                                                      

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