Statistics help in intersectoral and intertemporal comparison comment
Answers
Answered by
0
Explanation:
Generally, the subject matter of statistics deals with the quantification of data. It revolves around concrete figures to represent qualitative information. Simply, it is a collection of data. But that’s not all. As economics students, we need to learn about the techniques of dealing with a collection of data, tabulation, classification, and presentation of data.
Further, we need to learn about reduction and condensation of data. Lastly, we also need to gain insights into the techniques for analysis and interpretation of data.
Similar questions