10 Questions
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?
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?
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?
The adjustment factor is used to adjust the frequency of a class in a histogram to account for the width of the class interval.
What is the arithmetic mean?
The arithmetic mean is a measure of central tendency used in Class 11 Statistics for Economics.
What is the theme of Annie's party?
Día de los Muertos
Who does Annie hope will attend her party?
Jeff
What behavior is distressing Shirley?
Her ex-husband's behavior
What is the name of the statistics professor?
Professor Michelle Slater
What did Shirley do with her wedding ring?
Returned it to her ex-husband
Test your knowledge of important formulas in statistics for economics with this quiz! Class 11 students can assess their understanding of statistics concepts, data analysis, and interpretation. Gain confidence in applying key formulas to solve economic problems.
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