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Question Practice

What is implied by the statement, 'Statistics does not replace common sense?'

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MCQ_SA
CBSE
Class 11
Economics
Statistics for Economics
Introduction
Question Bank

What is implied by the stateme...

Single Answer MCQ
Q-00062614

What is implied by the statement, 'Statistics does not replace common sense?'

1

Statistics is always accurate.

2

Data alone is not enough for sound decision-making.

3

Statistical calculations guarantee success.

4

Common sense has no value in economics.

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