Statistics For Economics class 11 - NCERT - 23 (Rationalised 2023-2024)

By: National Council of Educational Research and Training

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Synopsis: The "STATISTICS FOR ECONOMICS" textbook by NCERT for Class XI is an essential guide for students venturing into the realm of economic data analysis. This resource demystifies the complex world of statistics, making it accessible for budding economists. Beginning with an introduction to the significance of statistics in economics, it delves into the techniques of data collection, organization, and presentation. The textbook elucidates central tendencies, dispersions, and correlations, highlighting their relevance in economic scenarios. Students are also introduced to index numbers and their applications in economic data interpretation. Special attention is given to the use of graphical and tabular methods for data presentation, providing students with practical tools to understand and analyze economic trends. By the end of the book, students are well-equipped with foundational statistical concepts, tailored specifically for economic applications, preparing them for advanced studies and real-world economic data analysis.