Basic Statistics used in Economics

Statistics

Basic Statistics used in Economics

Statistics

  • It was first used by Prof. Gottfried Achenwall (1719-1772), a professor in Marlborough in 1...}

Census and Sampling

Basic Statistics used in Economics

Census and Sampling

  1. Census method is the method where the information are collected from every individual relat...}

Collection and Organization of Data

Basic Statistics used in Economics

Collection and Organization of Data

Methods of collecting Primary Data

  1. Direct personal investigation
Measures of Dispersion

Basic Statistics used in Economics

Measures of Dispersion

  1. Dispersion is the variation of a central value.
  2. Range is the first measure of...}