Statistics Makes Facts Exact
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Question (English)
When economic facts are expressed in statistical terms, they become:
- Vague
- Approximate
- Exact ✓ Correct
- Irrelevant
Explanation:
Correct Answer Explanation
When economic facts are expressed in statistical terms, they become exact. Exact facts are more convincing than vague statements.
Key Points:
- Example: saying 310 people died in an earthquake is statistical data (exact).
- Saying hundreds of people died is vague and not statistical.
- Statistics helps present facts in a precise and definite form.
Why Other Options Are Wrong
- A, B, D: Statistical expression makes facts exact, not vague or approximate.
📚 About this Topic — CH-1: Introduction
This multiple choice question is from CH-1: Introduction, NCERT Books, Statistics for Economics. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: Introduction to strengthen your preparation.
