Question

Q1) Explain the importance of statistics in economics domain in the current economic scenario?
Q2) You have four year “Gross Domestic Product Data and Fifteen year data on variable i.e. Poverty
data. Now how will you make the difference between both the data set? Therefore clearly state the
difference between short run and long run data set.
Q3) Explain the difference between population and samples in statistics with the suitable example

Answer 1

Answer:

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Explanation:

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