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Class notes

Economic Chapter 2

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THIS NOTE PROVIDING YOU BEST KNOWLEDGE IN ECONOMIC SUBJECT

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CLASS-11
STATISTICS FOR
ECONOMICS
UNIT-1:
INTRODUCTION
CHAPTER-2
MEANING, SCOPE
AND IMPORTANCE
OF STATISTICS

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Meaning ,scope and
importance of statistics
INTRODUCTION
=> The word statistic seems to have been derived
from the Latin word ‘status’ or the Italian word
‘statista’ or the German word ‘statistic’ or the
Greek word ‘statistique’ each of the word mean a
political state.
● statistics is the study of the collection,
analysis, interpretation, presentation, and
organisation of data. In other words, it is a
mathematical discipline to collect and
summarise data.
● the word 'statistics' conveys different meaning
to different people. Some people regard
statistics as data, facts or measurements,
while others believe it to be the study of
figures.
● The view commonly held about statistics are
numerous, but often incomplete.




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Document information

School year
5
Uploaded on
June 25, 2024
Number of pages
8
Written in
2023/2024
Type
Class notes
Professor(s)
Anupam agarwal
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