Ask questions which are clear, concise and easy to understand.
Ask QuestionPosted by Anuska Sarkar 5 years, 2 months ago
- 2 answers
Dev Gupta 5 years, 2 months ago
Posted by Harry Thind 5 years, 2 months ago
- 2 answers
Sarita Yadav 5 years, 2 months ago
Vania ??? 5 years, 2 months ago
Posted by Deepak. Jy Gupta 5 years, 2 months ago
- 1 answers
Vania ??? 5 years, 2 months ago
Posted by Harsh Dada Kashyap 5 years, 2 months ago
- 2 answers
Vania ??? 5 years, 2 months ago
Gaurav Seth 5 years, 2 months ago
Statistics, when used in a misleading fashion, can trick the casual observer into believing something other than what the data shows. The false statistics trap can be quite damaging for the quest for knowledge. For example, in medical science, correcting a falsehood may take decades and cost lives.
Posted by Roshmi Tayeng 5 years, 2 months ago
- 1 answers
Gaurav Seth 5 years, 2 months ago
- Statistics is a science that deals with the techniques and methods of collection, classification and presentation of data. It is an aggregate of facts based on cause-and-effect relationship, just like science.
- Statistics is defined as the aggregate of facts. This is because a single figure of output or income cannot be termed statistics. Thus, the aggregate of data is called statistics.
Posted by Keerti Agrawal 5 years, 2 months ago
- 2 answers
Posted by Rajat Kumar 5 years, 2 months ago
- 1 answers
Reetu Singh 5 years, 2 months ago
Posted by Jot Khokhar 5 years, 2 months ago
- 0 answers
Posted by Sarita Yadav 5 years, 2 months ago
- 2 answers
?? 5 years, 2 months ago
Posted by Sarita Yadav 5 years, 2 months ago
- 1 answers
Yogita Ingle 5 years, 2 months ago
The questionnaire refers to a technique of data collection which consists of a series of written questions along with alternative answers. The schedule is a formalized set of questions, statements, and spaces for answers, provided to the enumerators who ask questions to the respondents and note down the answers.
| Questionnaire | Schedule |
| The questionnaire is one of the methods used for data collection. The questionnaire will have many questions, with each question having multiple choices. | The schedule is also one of the methods of data collection. It will have a set of statements, questions and space given to note down the answers. |
| Questionnaire method of data collection is preferred when the respondents are willing to cooperate. In addition, to deploy this method the respondents need to be literate. | The Schedule method of data collection can be utilised irrespective of the respondent’s literacy. It can be used when the respondents are literate and can be used even when the respondents are illiterate. |
| The type of technique used in the Questionnaire method is Quantitative. | The type of technique used in the Schedule method is Qualitative. |
| In the Questionnaire method, the grouping is made on the basis of different categories like location, age, gender etc. | In the schedule method of data collection, the grouping may exist or may not exist. |
Posted by Sarita Yadav 5 years, 2 months ago
- 1 answers
Reetu Singh 5 years, 2 months ago
Posted by Nishu Sahrawat 5 years, 2 months ago
- 0 answers
Posted by Gayathri Sai 5 years, 2 months ago
- 0 answers
Posted by Abhiti Saharan 5 years, 2 months ago
- 2 answers
Meghna Thapar 5 years, 2 months ago
Equilibrium refers to a state of rest when no change is required. A firm (producer) is said to be in equilibrium when it has no inclination to expand or to contract its output. This state either reflects maximum profits or minimum losses. Producer's equilibrium or optimisation occurs when he earns maximum profit with optimal combination of factors. A profit maximisation firm faces two choices of optimal combination of factors (inputs). Producer's equilibrium is often explained in terms of marginal revenue (MR) and marginal cost (MC) of production. Profit is maximized (or a producer strikes his equilibrium) when two conditions are satisfied – (i) MR = MC, and (ii) MC is rising (or MC is greater than MR beyond the point of equilibrium output).
Posted by Rishi Rawat 5 years, 2 months ago
- 0 answers
Posted by Nidhish Kashmiri 5 years, 2 months ago
- 1 answers
Yogita Ingle 5 years, 2 months ago
Following are the two sources of data:
1. Internal Source
- When data are collected from reports and records of the organization itself, it is known as the internal source.
- For example, a company publishes its ‘Annual Report’ on Profit and Loss, Total Sales, Loans, Wages etc.
2. External Source
- When data are collected from outside the organization, it is known as the external source.
- For example, if a Tour and Travels Company obtains information on ‘KarnatakaTourism’ from Karnataka Transport Corporation, it would be known as external sources of data.
Posted by Shivani Dubey 5 years, 2 months ago
- 1 answers
Reetu Singh 5 years, 2 months ago
Posted by Tanvir Singh 5 years, 2 months ago
- 0 answers
Posted by Anjana K 5 years, 2 months ago
- 1 answers
Posted by Lovepreet Kaur 5 years, 2 months ago
- 2 answers
Dhruvi Jhamb 5 years, 2 months ago
Sarita Yadav 5 years, 2 months ago
Posted by Karishma Yadav 5 years, 2 months ago
- 2 answers
Anjana K 5 years, 2 months ago
Posted by Naman Anand 5 years, 2 months ago
- 0 answers
Posted by Atul Machra 5 years, 2 months ago
- 1 answers
Fiza Afreen 5 years, 2 months ago
Posted by Vanshika Patil 5 years, 2 months ago
- 2 answers
Sarita Yadav 5 years, 2 months ago
Posted by Nicky John Dkhar 5 years, 2 months ago
- 1 answers
Yogita Ingle 5 years, 2 months ago
Central problems of an economy are. What to produce, How to produce, and For whom to produce. 'What to produce' relates to the problem of choice of goods and services to be produced. 'How to produce' relates to the choice of technique of production. It involves a choice between labour-intensive technique and capital - intensive technique. 'For whom to produce' relates to the distribution of goods and services across different sections of the society. It focuses on the issue of Economic Equality.
Posted by Areeba Siddiqui 5 years, 2 months ago
- 1 answers
Meghna Thapar 5 years, 2 months ago
A consumer is in equilibrium when given his tastes, and price of the two goods, he spends a given money income on the purchase of two goods in such a way as to get the maximum satisfaction, According to Koulsayiannis, “The consumer is in equilibrium when he maximises his utility, given his income and the market prices. Consumer Equilibrium in Case of a Two Commodity, With the Help of Utility Analysis. Suppose, a consumer consumes only two goods X and Y. He will attain equilibrium only if he allocates his given income on the purchase of good X and Y in such a way that per rupee MU of both the products is equal and he gets maximum TU.
myCBSEguide
Trusted by 1 Crore+ Students
Test Generator
Create papers online. It's FREE.
CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
Sumit Singh 5 years, 2 months ago
0Thank You