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Q: Why do we use statistics in economics?
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What statistics use in economics?

Calculus to produce Quantative data


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

importance of statistics in field of economics


Specific application of statistics in Economics?

specifis application of statistics to economics or business


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.


What does an accountant use?

Accounts Ledger, Economics, Business Case Studies, Computers and Printers, Statistics


Is Economics an isolated science since it has no relation to other sciences?

Economics is strongly linked to finance, and makes use of mathematics and statistics, so I do not see how it can be isolated.


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 jobs use terminating decimals and how do they use them in their job?

Probably any that use mathematics - so anything in science and engineering, economics, finance, 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


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 is economatics?

econometric is the mixer of statistics, mathematics and economics.