Q1. Make a list of activities that constitute the ordinary business of life. Are these economic or non- economic activities. Give logical reasoning in support of your answer.
Q2. You have unlimited wants and limited resources to satisfy them. Explain by giving two examples.
Q3. True or false with appropriate reason.
A) Statistics can only deal with quantitative data
B) Statistics solves economic problems
C) Statistics is of no use to economics without data.
Q4. Prepare a list of statistical information that you will facilitate comparison of academic performance of your school with others in your neighborhood.
Q5. Write two such pairs of statistical variable that show cause and effect relationship with each other.
Q6. You are keen on finding statistical information on available health care facilities in your locality comprising 200 families. How would you approach the issue, and which method of investigation would you prefer to adopt? Give reasons.
Q7. Write five examples of each of ‘quantitative variable’ and ‘qualitative variable’. Quantitative variables should be the well known terms of economics – like population of India has increased from 84.7 crores in 1991 to 102.7 crores in 2001 and 121 crores in 2011.
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sorry I don't know answer of your
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