Economy, asked by henakaifi8, 7 months ago

what role does statistics play in economic modeling ​

Answers

Answered by anugraha8957
1

Answer:Statistics for economics concerns itself with the collection, processing, and analysis of specific economic data. It helps us understand and analyze economic theories and denote correlations between variables such as demand, supply, price, output etc.

Explanation:

Answered by shravanifulpatil
3

Explanation:

Statistics for economics concerns itself with the collection, processing, and analysis of specific economic data. It helps us understand and analyze economic theories and denote correlations between variables such as demand, supply, price, output etc.

pls mark me as brainliest

Similar questions