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This document provides an overview of statistics in economics, defining statistics in both singular and plural senses, and outlining its uses in economic planning, national income accounting, and policy formulation. It also discusses the limitations of statistics, such as its focus on quantitative data and potential for misleading results. Additionally, it covers the concepts of primary and secondary data, methods of data collection, and the differences between census and sample surveys.

Author

snehamahajan202

Language

EN