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Sia ? 4 years, 9 months ago
in plural sense, it means systematic collection of numerical facts . it indicates information in terms of numbers and numerical data.
in singular sense. it refers to the science of studying statical methods. it indicates the technique of collecting , interpreting , presenting and analysing data.
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Rakhee Singh 8 years, 3 months ago
Definition: GDP is the final value of the goods and services produced within the geographic boundaries of a country during a specified period of time, normally a year. GDP growth rate is an important indicator of the economic performance of a country. It can be measured by three methods namely output method,expenditure method and income method.
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