whats is the importance of statistics in ecnomics
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In economics research, statisticalmethods are used to collect and analyze the data and test hypotheses. The relationship between supply and demand is studied by statisticalmethods; imports and exports, inflation rates, and per capita income are problems which require a good knowledge of statistics.
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The economics and financing of satellite communications is a very large and complex topic. It ranges from normal business planning, analysis, and investment financing, to issues of government policy, dual-use technologies, and national security and defense.
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