what id difference between economics and statistics?
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Economists use data to analyze trends that involve the exchange of money or goods and services. Statisticians work on ways to collect any kind of data to accurately reflect the relationship between desired factors.
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Economists and statisticians both collect data which can apply to a wide range of fields. Economists use data to analyze trends that involve the exchange of money or goods and services. Statisticians work on ways to collect any kind of data to accurately reflect the relationship between desired factors.
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