______________ refers to qualitative or quantitative attributes of a variable or set of variables.
Data
Policy
Information
None of these
Division of the national income into wages, profits, rent and interest is:
Production
Consumption
Distribution
Demand
Economic facts are known as:
Statistics
What is summarised by calculating various numerical indices such as mean, variance and standard deviation?
The process through which human wants are satisfied.
Manufacturing
Data may be classified into as either:
Quantitative
Qualitative
Quantitative or Qualitative
Which is the fourth stage of statistics?
Analysis of data
Presentation of data
Collection of data
Interpretation of data
___________ finds economic relationships using data and verifies them.
Economics
Market
The last stage of statistical study is:
Organisation of data
In statistics, the first step is:
diagrammatic and graphic representation
calculating various numerical indies
collection and organization of data
none of these