Question

the universe or population on the basis of a given sample.
3. Short Answer Type Questions - How
(3-4 marks)
1. Scarcity causes economic problem. How?
2. Problem of choice is unavoidable in the ordinary business of life. How?
3. Explain how scarcity is the undercurrent of economics.
4. Briefly explain the three distinct components of economics.
5. Distinguish between microeconomics and macroeconomics.
6. Define Statistics as a singular noun and as a plural noun.
7. Name the stages of statistical study and statistical tools for the presentation of data.
8. Distinguish between quantitative' and 'qualitative' data, and give some examples of both.
9. Write three sentences highlighting the importance of Statistics in economics.
10. What are the main features of Statistics as a numerical data? Describe any four.
11. State the main limitations of Statistics.
12: “Statistical methods are dangerous weapons in the hands of an unqualified person.
Explain.
3. Long Answer Type Questions
(6 marks)​

Answer 1

Answer:

universsr is a large creation of good

Explanation:

we should be giffted