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Chapter 1- Introduction

**Understand Statistics of Economics with Our Course**

The statistic is an important part of economics. The applied methods become helpful in understanding, researching and analysing the economics. Hence, the CBSE curriculum includes the complete study in class 11^{th}.

ScoreX™ helps you understand the chapter with the course of the **Class11 Statistics Economics Ch-1 Introduction.**

**What is the format of this chapter course?**

In the course of the **CBSE class 11 Statistics Economics chapter 1, **we make the introduction clear to you by explaining all the topics that are relevant to the chapter.

**1. Statistics in economics**

In economics, the statistics are applied in the collection of the economic data. This collected data also go through the compilation, dissemination, and analysis under the statistics. The usage of economic data allows an organized approach towards the collection and the evaluation.

**2. What is statistics?**

In the practice, statistics is known as the method to collect and analyse the numerical data. The large quantities become much easier to calculate and analyse with the help of statistics. The study of the collection of data, organization, presentation, dissemination, and analysis come under the statistics.

**3. What statistics does?**

The statistics make the economics much easier and efficient. The availability of right tools provided by the statistics helps in the economics in every step. From the collection of the data to the presentation and research, the statistics make the processes extremely easy.

So, if you desire to start your chapter study effectively, then, get the course right now.