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Chapters
2: Collection of Data
3: Organisation of Data
4: Presentation of Data
5: Measures of Central Tendency
6: Measures of Dispersion
7: Correlation
8: Index Numbers
Chapter 9: Use of Statistical Tools
![NCERT solutions for Statistics for Economics [English] chapter 1 - Introduction - Shaalaa.com](/images/statistics-for-economics-english_6:098eda7804764399818daa37556a8f8c.jpg "NCERT solutions for Statistics for Economics [English] chapter 1 - Introduction")
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Solutions for Chapter 1: Introduction
Below listed, you can find solutions for Chapter 1 of CBSE NCERT for Statistics for Economics [English].
NCERT solutions for Statistics for Economics [English] 1 Introduction Exercise [Page 8]
Mark the following statements as true or false.
Statistics can only deal with quantitative data.
True
False
Statistics solve economic problems.
True
False
Statistics is of no use to Economics without data.
True
False
Make a list of activities in a bus stand or a market place. How many of them are economic activities?
‘The Government and policy makers use statistical data to formulate suitable policies of economic development’. Illustrate with two examples.
"You have unlimited wants and limited resources to satisfy them." Explain this statement by giving two examples.
How will you choose the wants to be satisfied?
What are your reasons for studying Economics?
Statistical methods are no substitute for common sense. Comment with examples from your daily life.
Solutions for 1: Introduction
NCERT solutions for Statistics for Economics [English] chapter 1 - Introduction
Shaalaa.com has the CBSE Mathematics Statistics for Economics [English] CBSE solutions in a manner that help students grasp basic concepts better and faster. The detailed, step-by-step solutions will help you understand the concepts better and clarify any confusion. NCERT solutions for Mathematics Statistics for Economics [English] CBSE 1 (Introduction) include all questions with answers and detailed explanations. This will clear students' doubts about questions and improve their application skills while preparing for board exams.
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Concepts covered in Statistics for Economics [English] chapter 1 Introduction are What is Economics?, Meaning of Statistics for Economics, Scope of Statistics for Economics, Three Distinct Components of Economics, Functions of Statistics in Economics, Importance of Statistics in Economics, Limitations of Statistics, Why Economics?, Statistics in Economics, What is Statistics?, What Statistics Does?, Conclusion.
Using NCERT Statistics for Economics [English] solutions Introduction exercise by students is an easy way to prepare for the exams, as they involve solutions arranged chapter-wise and also page-wise. The questions involved in NCERT Solutions are essential questions that can be asked in the final exam. Maximum CBSE Statistics for Economics [English] students prefer NCERT Textbook Solutions to score more in exams.
Get the free view of Chapter 1, Introduction Statistics for Economics [English] additional questions for Mathematics Statistics for Economics [English] CBSE, and you can use Shaalaa.com to keep it handy for your exam preparation.
