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role of statistic would be more general to every one as there will be proper statistical figures

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What are the five elements of policy design?

1- problem identification 2- policy formulation 3- agenda setting 4- decision making 5- policy implementation


What are the uses of statistics to government?

Statistics can help a government make informed policy decisions regarding many different areas. An example would be, if a government receives statistics based on their economy and it tells them that there is a 12 % unemployment rate. This would signal to a government to make a policy decision regarding this statistic.


What are the importance of statistics in economics?

Statistics play a crucial role in economics by providing tools for collecting, analyzing, and interpreting data to make informed decisions. Economic data, such as GDP, inflation rates, and unemployment figures, are essential for policymakers, businesses, and individuals to understand the state of the economy and formulate strategies. Statistical methods like regression analysis help economists identify relationships between variables and make predictions about future trends, enabling better economic planning and policy-making. In essence, statistics in economics serve as the foundation for evidence-based decision-making and understanding the complex dynamics of markets and economies.


What is the importance of statistics in Nigeria?

Statistics is crucial in Nigeria for various reasons. It helps in monitoring and evaluating the country's economic growth, informing policy decisions, and assessing the effectiveness of government programs. Additionally, statistics play a vital role in identifying trends, patterns, and disparities within the population, which is essential for targeted interventions and resource allocation. Overall, accurate and reliable statistical data is fundamental for evidence-based decision-making and sustainable development in Nigeria.


Which department does the Bureau of Labor Statistics fall under?

The BLS is distinct from the policy-making and enforcement activities of the Department of Labor.

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