Statistics for Economics Class 11 Notes Chapter 7

CBSE Notes for Statistics for Economics Chapter 7 There are many situations in our daily life where we know from experience, the direct association between certain variables but we can’t put a certain measure to it. For example, you know that the chances of you going out to watch a newly released movie is directly …

Statistics for Economics Class 11 Notes Chapter 6

CBSE Notes for Statistics for Economics Chapter 6 The absolute measures of dispersion accurately display the dispersion of data in a given series. However, a drawback to them is that we cannot use them to compare dispersion for series that are in different units. The concept of relative measures of dispersion overcomes this limitation. Please …

Statistics for Economics Class 11 Notes Chapter 5

CBSE Notes for Statistics for Economics Chapter 5 When working on a given set of data, it is not possible to remember all the values in that set. But we require inference of the data given to us. This problem is solved by mean median and mode. These, known as measures of central tendency, represent all …

Statistics for Economics Class 11 Notes Chapter 4

CBSE Notes for Statistics for Economics Chapter 4 Presentation of data is of utter importance nowadays. Afterall everything that’s pleasing to our eyes never fails to grab our attention. Presentation of data refers to an exhibition or putting up data in an attractive and useful manner such that it can be easily interpreted. Please refer …

Statistics for Economics Class 11 Notes Chapter 3

CBSE Notes for Statistics for Economics Chapter 3 In Economics we deal with a lot of data about the economy and its components. Even in microeconomics, we use statistics to calculate outcomes and draw conclusions. So the organisation of data is essential. It is the systematic arrangement of raw data so it is easier to …

Statistics for Economics Class 11 Notes Chapter 2

CBSE Notes for Statistics for Economics Chapter 2 In Statistics, the basis of all statistical calculation or interpretation lies in the collection of data. There are numerous methods of data collection. In this lesson, we shall focus on two primary methods and understand the difference between them. Both are suitable in different cases and the knowledge …

Statistics for Economics Class 11 Notes Chapter 1

CBSE Notes for Statistics for Economics Class 11 Chapter 1 Generally, the subject matter of statistics deals with the quantification of data. It revolves around concrete figures to represent qualitative information. Simply, it is a collection of data. But that’s not all. As economics students, we need to learn about the techniques of dealing with …

Statistics for Economics Class 11 Notes

CBSE Notes for Statistics for Economics Class 11 NCERT Economics Class 11 books are extremely helpful for the students. Economics is a subject that cannot only be termed as a social science but can also be said to possess the power to explain the working of the economy. From what the economy produces, to what …

Indian Economic Development Class 11 Notes Chapter 10

CBSE Notes for Indian Economic Development Class 11 Notes Chapter 10 Comparative development of India and its neighbours is an important knowledge to possess as an Indian citizen.As a rational citizen of a country, it is crucial to have a deep understanding of the developments in your country. In fact, it is also very important …

Indian Economic Development Class 11 Notes Chapter 9

CBSE Notes for Indian Economic Development Chapter 9 We all have learnt about the ill effects of Environment degradation in our lives. But have you ever considered the economic cost of environmental degradation? or the economic benefits of Sustainable Development? Let us educate ourselves about concepts. This lesson breaks down the meaning and functions of …

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