One who buys goods to satisfy his own or other persons needs is called:
Producer
Consumer
Seller
Distributor
Expand GDP.
Gross Domestic Price
Gross Demand Price
Gross Domestic Product
Gross Development Price
___________ finds economic relationships using data and verifies them.
Economics
Statistics
Market
None of these
Which is the fourth stage of statistics?
Analysis of data
Presentation of data
Collection of data
Interpretation of data
The process through which human wants are satisfied.
Distribution
Production
Consumption
Manufacturing
______________ refers to qualitative or quantitative attributes of a variable or set of variables.
Data
Policy
Information
Statistics summarises and presents a meaningful overall information about a mass of ____________.
What are the facts and figures that are collected, analysed and summarized for presentation and interpretation?
Statistics plays a vital role in:
Decision making
Both 1 & 2
Which is the first stage of statistical study?