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꧁༺★ṖŕīᑎƇɛ {Ƭĥɛ Ŀ❤Ѵɛ Ɠʊŕʊ}★༺꧂ ?? 5 years, 6 months ago
Posted by ꧁༺★ṖŕīᑎƇɛ {Ƭĥɛ Ŀ❤Ѵɛ Ɠʊŕʊ}★༺꧂ ?? 5 years, 6 months ago
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Posted by Deepak Omjaienterprises 5 years, 6 months ago
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Posted by ꧁༺★ṖŕīᑎƇɛ {Ƭĥɛ Ŀ❤Ѵɛ Ɠʊŕʊ}★༺꧂ ?? 5 years, 6 months ago
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Posted by Kawalnoor Kaur 5 years, 6 months ago
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Posted by Dark ..? 5 years, 6 months ago
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@S(Raj)Àĺì ???? 5 years, 6 months ago
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Posted by ᵐꜞᔆᔆ᭄ Qᴜᴇᴇɴ✿࿐꧂ : ꨄ︎•, 5 years, 6 months ago
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Dark ..? 5 years, 6 months ago
Posted by Dark ..? 5 years, 6 months ago
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Nayanika Mallick 5 years, 6 months ago
Posted by Dark ..? 5 years, 6 months ago
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Posted by Dark ..? 5 years, 6 months ago
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Gaurav Seth 5 years, 6 months ago
- Relative Error: It is the ratio of mean absolute error to the mean value of the quantity measured.
Relative Error = Δamean / amean
- Percentage Error: It is the relative error expressed in percentage. It is denoted by δa.
δa = (Δamean / amean) x 100%
Gaurav Seth 5 years, 6 months ago
- Absolute Error: The magnitude of the difference between the true value of the quantity and the individual measurement value is called absolute error of the measurement. It is denoted by |Δa| (or Mod of Delta a). The mod value is always positive even if Δa is negative. The individual errors are:
Δa1 = amean - a1, Δa2 = amean - a2, ……. ,Δan = amean – an
Posted by Pradipta Prusty 5 years, 6 months ago
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Shreya Kumari 5 years, 6 months ago
Gaurav Seth 5 years, 6 months ago
According to YA-LUN-CHOU "Economics depends upon statistics to measure economic aggregates such as gross national product, consumption, savings, investments, expenditure and changes in the value of money. They also use statistical methods to verify economic theory and to test hypotheses.
Statistics helps us in ascertaining their standard of living and taxable capacity. Statistics helps us in adjusting the supply according to demand. In the field of exchange we use statistics to study markets, laws of prices based on supply and demand. Statistics plays an important role in the measurement and distribution of national income. It is of a great help in the formulation of economic policies such as monetary policy etc.
Posted by Nayanika Mallick 5 years, 6 months ago
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Posted by ??Madhav Agrawal?? 5 years, 6 months ago
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??Madhav Agrawal?? 5 years, 6 months ago
Posted by Nayanika Mallick 5 years, 6 months ago
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??Madhav Agrawal?? 5 years, 6 months ago
Posted by Nayanika Mallick 5 years, 6 months ago
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Posted by @S(Raj)Àĺì ???? 5 years, 6 months ago
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Posted by @S(Raj)Àĺì ???? 5 years, 6 months ago
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Posted by Annu Yadav 5 years, 6 months ago
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Posted by Suhasini Mukherjee 5 years, 6 months ago
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Gaurav Seth 5 years, 6 months ago
The list of activities we observe at a bus stand or in a market place is as follows:
- Buying of goods
- Selling of goods
- People rendering different kind of services such as: rickshaw puller taking people from place to place, waiter working at a nearby eating joint, etc.
- Production process carried out by some producers.
Above mentioned all activities are economic activities because they all are undertaken for a monetary gain. All these activities involve the use of scarce resources to carry out the task of production, consumption and distribution.
Posted by Husan Dhaliwal 5 years, 6 months ago
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Nayanika Mallick 5 years, 6 months ago
Posted by Divisha Singh 5 years, 6 months ago
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Posted by ??Madhav Agrawal?? 5 years, 6 months ago
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??Madhav Agrawal?? 5 years, 6 months ago
??Madhav Agrawal?? 5 years, 6 months ago
??Madhav Agrawal?? 5 years, 6 months ago
Posted by ??Madhav Agrawal?? 5 years, 6 months ago
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??Madhav Agrawal?? 5 years, 6 months ago

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Dark ..? 5 years, 6 months ago
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