Graphs in economics
What is meant by a diagram
Economics an introduction
Give example of economic activities
Economics an introduction
Definitions of economics by Adam Smith and Marshall
Case Studies
Discuss how you would conduct a survey to gather data for a business study. What steps would you follow?
Case Studies
Given a data set representing monthly sales figures for a company, how would you analyze the trends over the year?
Advanced Questions
How do you find the interquartile range (IQR)? Calculate it for the data: 10, 20, 30, 40, 50.
Advanced Questions
If the scores of a test are normally distributed, what can you say about the mean and median?
Application of statistics
Discuss the importance of data collection methods in statistics.
Application of statistics
Explain how statistics can be used in business decision-making.
Miscellaneous
What are outliers, and how do they affect the measures of central tendency?