Question

statistics enables an economics to present economic facts in a precise and definite form. explain with example​

Answer 1

Answer:

see the attached image hope it helps you

Answer 2

Question :-

• “ Statistics enables an economist to present economic facts in a precise and definite form. ” Explain with an example.

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Answer :-

• Statistics enables an economist to present economic facts in precise and definite form that helps in proper comprehension of what is stated.

• When economic facts are expressed in statistical terms, they become exact. Example :- If we quantity the statement as production of rice in India has increased from 89 tonnes in 2009 - 2010 to 95 tonnes in 2010 -2011, it conveys a definite information.