Economy, asked by mohdaakib, 3 months ago

whats is the importance of statistics in ecnomics

Answers

Answered by saisanthosh76
1

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.

Answered by NONEXISTENT
1

Answer:

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.

Similar questions