In the _____________ sense, statistics means numerical facts systematically collected.
Singular
Plural
Both 1 & 2
None of these
____________ is summarised by calculating various numerical indices such as mean, variance and standard deviation.
Data
Information
Policy
Distribution
__________ is the root of all economic problems.
Wants
Resources
Scarcity
Statistics summarises and presents a meaningful overall information about a mass of ____________.
Who is the provider of goods or services?
Seller
Consumer
Producer
Statistics deals with __________.
Collection of data
Factors of production
The numerical measures help to summarise ____________.
_____________ is a person or organization that produce goods or services for sale.
The word statistics is used in ___________ distinct senses.
Two
Three
Four
Purchase of goods by consumers to satisfy their various needs is ____________.
Production
Consumption
