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WorksheetsIntroduction to Statistics
Total questions: 15
Worksheet time: 8mins
1. Which of the following is NOT an economic activity
Production of books
Donation of blood
Investment in stocks
Consumption of Ice creams
2. How does statistics help in economic planning?
helps to make best use of national resources
helps compare development of various countries
All of these
None of these
Which of the following is an example of qualitative data
number of vegetarian students
everyday temperature
number of illiterate people in India
appreciation of art
"Statistics does not help in comparison of data of different regions"
True
False
Statistics can help to predict the future growth of an economy.
True
False
Statistics is of no use to government in policy formulation
True
False
Descriptive statistics involves estimation and hypothesis testing
True
False
The purpose of descriptive statistics is to
make decision
make estimation
describe data
make hypothesis testing
Parameter is use for
statistics
population
sample
measurement
Types of Statistics are:
marketing and accounting
descriptive and inferential statistic
primary and secondary
quantitative and qualitative
Inferential statistics is....
a techniques to improve the efficiency and effectiveness of the organization.
is a techniques to implement a strategic plan.
making generalization about population by analyzing the sample.
is a good representation of a population
Sample is different from population because...
a set of items selected from the population
a measuring variable for every unit in the population
a complete set
a study done before the actual framework
Example of quantitative data ..
color of eyes
types of glasses
numbers of chairs
marital status
Primary data..
second hand data
first hand information
data from other parties
annual report
What is Statistics?
Involves scientific procedures and methods
data are generated
decision making process
Relevant information
