MCQEconomics

MP Board · Class 11 · Economics · Introduction to StatisticsStatistics are numerically expressed. This implies that:

Step-by-Step Solution

Qualitative statements like 'poor' or 'rich' cannot be called statistics unless they are assigned numerical values or scores.

Detailed Options Breakdown
Option : All facts must be expressed in numbers (Correct Answer)

Correct choice. Refer to the step-by-step verified solution guidelines above for details.

Option 1: Words can be used instead of numbers

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Introduction to Statistics.

Option 2: Qualitative data is superior

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Introduction to Statistics.

Option 3: Statistics deals only with words

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Introduction to Statistics.

💡 Study Guide: This question tests core syllabus concepts from Introduction to Statistics. For formulas, key summaries, and mock exam reference guides, read the full Introduction to Statistics Revision Notes.
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