Meaning, scope, functions and importance of statistics

The word Statistics was used first in ------

• 1749

• 1851

• 1849

• 1790

The Statistics is concerned with :

• aggregate of numerical facts

• aggregate of disorganised facts

• aggregate of qualitative facts

• aggregate of heterogeneous facts

Statistics is used by

• Government

• Businessmen

• Economists

• All the above

The term 'Statistics' was first used by

• Gottfried Achenwall

• Paul A. Samuelson

• Lord Robbins

• J.B.Say

Statistics in plural sense deals wilh

• methods of collection of data

• Methods of presentation of data

• Numerical information

• Both (a) and (b)

Basic economic activities

• Production

• Consumption

• Distribution

• all of these

In plural sense, which is not a characterstic of statistics?

• aggregate of data

• only expressed in words

• affected by multiplicity of causes

• collected in a systematic manner

Which of the following statements is incorrect?

• Resources have alternative uses

• all numbers are statistics

• Macroeconomics studies large aggregates

• statistics studies only the aggregates of quantitative facts

According to -----, "Economics is the science of wealth"

• Adam Smith

• Alfred Marshall

• Prof. Samuelson

• lionel Robbins

Welfare definition of Economics has been given by:

• Lionel Robbins

• Adam Smith

• Alfred Marshall

• Prof. Samuelson