answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Discuss the application of statistics in economics?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Specific application of statistics in Economics?

specifis application of statistics to economics or business


What is the importance of statistics in the field of economics?

importance of statistics in field of economics


Importance of statistics to economics?

importance of statistics for an economist


What are the sub-branches of economics that relies on fields of statistics and mathematics?

Some of the sub-branches of economics that rely on fields of statistics and mathematics are econometrics, transport economics, managerial economics and international economics.


Discuss the importance of descriptive statistics in business organisations?

Discuss the importance of descriptive statistics


What are relationship between econometrics and statistics?

Econometrics is basically applied statistics. The theory you learn in statistics can be used to answer questions posed in the field of economics. Because this application is mathematical, it allows economists to perform research using economic data in an empirical, scientific, and rigorous manner.


What has the author Gerald Keller written?

Gerald Keller has written: 'Essentials of business statistics' -- subject(s): Commercial statistics 'Statistics, The Mbook' 'Student solutions manual for Statistics for management and economics' -- subject(s): Economics, Management, Problems, exercises, Problems, exercises, etc, Statistical methods 'Statistics with Management Science' 'Study guide for Statistics for management and economics' -- subject(s): Statistical methods, Study guides, Management, Economics 'Instructor's manual for Statistics laboratory manual'


What do scholars talk about when they discuss economics?

When scholars discuss economics they talk about how to understand demand and supply. They also assess how businesses affect the economy.


What is the definition for Psychological Statistics?

Psychological statistics is the application of statistics to psychology.


Different uses of statistics?

discuss the different day to day uses of statistics


What has the author William E Becker written?

William E. Becker has written: 'Statistics for business and economics' -- subject(s): Commercial statistics, Economics, Microsoft Excel (Computer file), Statistical methods, Statistics


What has the author Paul Newbold written?

Paul Newbold has written: 'Forecasting in Business and Economics, Second Edition (Economic Theory, Econometrics, and Mathematical Economics)' 'Statistics for business and economics' -- subject(s): Statistical methods, Economics, Statistics, Commercial statistics 'On the incremental benefits of using consolidated accounting data to predict conglomerate earnings' 'Statistics for Business& Economics & Stu CD' 'Introductory business forecasting' -- subject(s): Statistical methods, Business forecasting