MEDIUM
11th CBSE
IMPORTANT
Earn 100

Statistics can only deal with quantitative data.

50% studentsanswered this correctly

Important Questions on Introduction

EASY
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 10
Statistics solves economic problems.
MEDIUM
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 11
Statistics is of no use to Economics without data.
MEDIUM
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 12
Make a list of activities in a bus stand or a market place. How many of them are economic activities?
HARD
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 13
'The Government and policy makers use statistical data to formulate suitable policies of economic development'. Illustrate with two examples.
HARD
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 14
"You have unlimited wants and limited resources to satisfy them.” Explain this statement by giving two examples.
MEDIUM
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 15
How will you choose the wants to be satisfied?
MEDIUM
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 16
What are your reasons for studying Economics?
HARD
11th CBSE
IMPORTANT
Statistics for Economics>Chapter 1 - Introduction>Q 17
Statistical methods are no substitute for common sense. Comment with examples from your daily life.