Category Archives: Statistics for Economics

Economic statistics is a topic in applied statistics that concerns the collection, organization, and presentation of data. GeeksforGeeks Class 11 Statistics for Economics Notes have… Read More
Usually, frequency distribution and graphical representation are used to depict a set of raw data to attain meaningful conclusions from them. However, sometimes, these methods… Read More
For performing statistical analysis, various kinds of data are gathered by the investigator or analyst. The information gathered is usually in raw form which is… Read More
The data collected by an investigator is in raw form and cannot offer any meaningful conclusion; hence, it needs to be organized properly. Therefore, the… Read More
For performing statistical analysis, various kinds of data are gathered by the investigator or analyst. The information gathered is usually in raw form which is… Read More
A method of presenting data in the form of graphs that provides a quick and easier way to understand the trends of the given set… Read More
The word mode is derived from the French word ‘La Mode’, meaning anything that is in fashion or vogue. A measure of central tendency in… Read More
A statistical measure that helps in finding out the percentage change in the values of different variables, such as the price of different goods, production… Read More
A statistical measure that helps in finding out the percentage change in the values of different variables, such as the price of different goods, production… Read More
A statistical measure that helps in finding out the percentage change in the values of different variables, such as the price of different goods, production… Read More
The word mode is derived from the French word ‘La Mode’, meaning anything that is in fashion or vogue. A measure of central tendency in… Read More
The method of collecting data from a population, regarding a sample on a group of items and examining it to draw out some conclusion, is… Read More
A measure of central tendency that determines the centrally located value of a given series is known as the Median. The number of values of… Read More
It is not always possible for an investigator to easily measure the items of a series or set of data. To make the data simple… Read More
Meaning of Population: A population is a pool of similar objects, items, or events that are used to define the subject of study, which is… Read More