ECO-07 ELEMENTS OF STATISTICS – Assignment Answer Compilation
Below are the links to all the answers for the ECO-07 assignment:
- Differentiate between the primary and secondary data. Explain different methods of collecting primary data and the sources of secondary data.
- a) Calculate the Arithmetic Mean from the following data: 0–5 (3), 5–10 (12), 10–25 (25), 25–50 (10) b) Draw a histogram and a frequency polygon from the following data: 10–20 (10), 20–30 (20), 30–40 (30), 40–50 (25), 50–60 (10)
- a) Compute Karl Pearson’s coefficient of skewness from the following data: b) Explain convenience and judgement sampling methods in brief.
- a) Describe the importance of visual presentation of data. b) Discuss the importance of Statistics in Business.
- Write short notes on the following: a) Statistical survey b) Application of Ratios c) Geometric Mean d) Variance