The word statistics is used in ___________ distinct senses.

Division of the national income into wages, profits, rent and interest is 

The act of making goods and services is called

____________ helps in condensing mass data into a numerical measures.

 Statistics plays an important role in 

_____________ is a person or organization that produce goods or services for sale.

____________ is the process through which human wants are satisfied.

Economic facts are known as 

One who buys goods to satisfy his own or other persons needs is called

The ___________ is the one who consumes the goods and services produced.