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Questions and Answers
What is the purpose of statistics in the field of economics?
What is the purpose of statistics in the field of economics?
Statistics help in the study, collection, analysis, interpretation, and organization of data for different ultimate objectives in economics.
What are some of the important formulas used in Class 11 Statistics for Economics?
What are some of the important formulas used in Class 11 Statistics for Economics?
Some important formulas include the width of class interval, mid-point or mid-value, conversion of percentage into degrees in Pie Diagram, and adjustment factor for any class (Histogram).
What is the width of class interval?
What is the width of class interval?
The width of class interval is a formula used in the chapter 'Organisation of Data' in Class 11 Statistics for Economics.
What is the purpose of the adjustment factor in a histogram?
What is the purpose of the adjustment factor in a histogram?
What is the arithmetic mean?
What is the arithmetic mean?
What is the theme of Annie's party?
What is the theme of Annie's party?
Who does Annie hope will attend her party?
Who does Annie hope will attend her party?
What behavior is distressing Shirley?
What behavior is distressing Shirley?
What is the name of the statistics professor?
What is the name of the statistics professor?
What did Shirley do with her wedding ring?
What did Shirley do with her wedding ring?
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