Question

what is statistics in economics.

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Answer 1

Answer:

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Explanation:

Definition of Statistics in Economics. Statistics, in itself, is the collation and analysis of numerical data to arrive at specific inference. This academic discipline finds application in various other branches of studies, such as Economics.

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Answer 2

economic statistics is a topic in applied statistics that concern the collection, processing,compliation,dissemination,and analysis of economic data. This academic discipline find application in various other branches of studies such as economic..

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