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GRAPHS IN ECONOMICS — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsGRAPHS IN ECONOMICS2 Marks
Question
What is meant by a graph and for what purpose it is drawn?
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Answer

A graph is a representation of complex information by way of a picture.
  • A graph is used for the information which is not self-explanatory.
  • It is drawn for data with continuous frequency distribution.
  • For this, use of statistical tools is required. Knowledge of statistics is essential to draw and understand a graph.

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