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I
Question Practice

How does statistics contribute to precision in economic reporting?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Introduction
Question Bank

How does statistics contribute...

Single Answer MCQ
Q-00062563

How does statistics contribute to precision in economic reporting?

1

By providing vague estimates

2

By summarizing data with exact figures

3

By ignoring outliers in data

4

By only using qualitative information

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