Economy, asked by ssa22, 9 months ago

state two important points on the significant of statistic in economics....(5 marks)

Answers

Answered by Anonymous

1

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.

Hope it helps you...

Answered by MysteriousAryan

5

Answer:

hope this will help you mate ☝️☝️☝️☝️☝️☝️☝️☝️☝️☝️

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