Which is the fourth stage of statistics?
Analysis of data
Presentation of data
Collection of data
Interpretation of data
Economic facts are known as:
Policy
Data
Information
Statistics
The process through which human wants are satisfied.
Distribution
Production
Consumption
Manufacturing
Statistics plays a vital role in:
Decision making
Both 1 & 2
None of these
The ___________ is the one who consumes the goods and services produced.
Producer
Consumer
Seller
Which is the first stage of statistical study?
Expand GDP.
Gross Domestic Price
Gross Demand Price
Gross Domestic Product
Gross Development Price
The last stage of statistical study is:
Organisation of data
What are the facts and figures that are collected, analysed and summarized for presentation and interpretation?
Statistics deals with __________.
Factors of production
