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Introduction — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsIntroduction1 Mark
Question
Statistics is of no use to economics without data. (True/ False)
✓

Answer

True.
Explanation:
As at every stage of economic planning, there is a need for figures and statistical methods. Therefore, statistics is of no use to economics without data.

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