In this video, we take a closer look at Ch 1 Statistics for Economics
It discusses about the concept of economics And the significance of statistics in economics
The details of topics covered are as follows
0:00 - brief introduction
1:04 - meaning of economics and economic problem
2:39 - concept of production, distribution and consumption
8:00 - statistics in singular and plural sense
12:05 - characteristics of statistics in plural sense
21:28 - nature of statistics (science or art)
23:50 - descriptive and inferential statistics
24:56 - limitations of statistics
30:40 - functions of importance of statistics
35:40 - distrust of statistics
39:20 - conclusion
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Негізгі бет CBSE 11 | Statistics Ch 1 - Concept of Economics and Significance of Statistics in Economics
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