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I
Question Practice

What role do statistics play in economics?

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

What role do statistics play i...

Single Answer MCQ
Q-00062526

What role do statistics play in economics?

1

They help visualize aesthetic preferences.

2

They describe economic activities and guide decision-making.

3

They are irrelevant to economic problems.

4

They only provide historical data.

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