What Precautions should be taken before using Secondary Data?In the plural sense, Statistics refers to facts or quantitative information that can be used to draw significant conclusions. Hence, for a student of Economics, the main purpose to collect data is to recognize, evaluate, and describe a social issue. For example, the problem of poverty or the problem
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Sample Method of Collection of DataMeaning of Population:A population is a pool of similar objects, items, or events that are used to define the subject of study, which is related to some questions or events under study. In statistics, it means the aggregate of all items about which we want to collect information. The population can
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