## Important Question of Class 11th Economics Statistics ( Statistics Class 11 Chapter 1 )

**Question 1** ( Class 11 Economics Notes Introduction )

Define Statistic.

**Answer: **Statistics can be defined as the collection, presentation, classification, analysis, and interpretation of quantitative data.

**Question 2** ( Class 11 Economics Notes Introduction )

What are the stages of statistical study?

**Answer: **The stages of a statistical study are

- Collection of Data
- Organisation of Data
- Presentation of Data
- Analysis of Data
- Interpretation of Data

**Question 3**

What are the tools used to related to statistical study?

**Answer: **The tools used to related to statistical study are

- Census or Sample Technique
- Tally Bar and Assembling of Data
- Graphs, Tables, and Diagram
- Average, Percentages, Regression Coefficient, and Correlation
- Average and the Degree of Relation, Percentage, and Relation between Degree Variables

**Question 4**

What are the scopes of statistics?

**Answer: **The scopes of statistics include

- Nature of Statistics
- Subject Matter of Statistics
- Limitation of Statistics

**Question 5**

Define statistics as a singular noun.

**Answer: **In the singular sense, statistics means the science of statistics or statistical methods. It refers to techniques or methods relating to the analysis, collection, presentation, classification, and interpretation of quantitative data.

**Question 6**

Define statistics as a plural noun.

**Answer: **In the plural sense, statistics is defined as information in terms of numerical data or numbers, such as employment statistics, statistics concerning public expenditure, population statistics, etc.

**Question 7**

What is inferential statistics?

**Answer: **Inferential statistics refer to methods by which conclusion are drawn relating to the universe based on a given sample.

**Question 8** ( Statistics Class 11 Chapter 1 )

What are the two components of the subject matter in statistics?

**Answer: **The two components of the subject matter in statistics are

- Descriptive Statistics
- Inferential Statistics

**Question 9** ( Statistics Class 11 Chapter 1 )

What are the three components of Economics?

**Answer: **The three components of Economics are consumption, production, and distribution.

**Question 10** ( Statistics Class 11 Chapter 1 )

What are descriptive Statistics?

**Answer: **Descriptive statistic refers to those methods which are used for the collection, presentation as well as analysis of data. These methods relate to such estimations as a measurement of central tendencies, measurement of dispersion, measurement od correlation, etc.

Statistics Class 11 Chapter 1 Notes and Important question. if you have any doubt in content then you can comment here. we will clear your doubts.