Economy, asked by 6377485129, 6 months ago

when economics facts are expressed in statistical terms ,they become

Answers

Answered by stibin2006
2

Answer:

they become index

Explanation:

hope it helps you

Answered by syed2020ashaels
0

Answer:

When economic facts are expressed in statistical terms, they become exact.

Explanation:

  • Exact facts are way more convincing than random and vague statements.
  • For example, if we were to give exact figures while delivering news about the number of people who died, it would sound more authentic.
  • On the other hand, merely saying that a large number of people died sounds very vague.
  • Hence statistics plays a huge role here.
  • It also assists in the condensation of mass data into a few numerical
  • measures like mean and variance.
  • When it comes to economic facts, their expression in statistical terms helps them become exact.
  • Statistics help us present a meaningful overall information about the economic facts.

Link:

https://brainly.in/question/47726229?referrer=searchResults

#SPJ2

Similar questions