the representation of (a) Omitted Variable (b) Standard error (c) Bias (d) Discrete Variable . Econometrics is the amalgamation of (a) subjects (b) subjects (c) subjects (d) subjects Answers c d d a c a c c d a b b b a c b a c a a Part-B Answer the following in one or two sentences . What is Statistics? .
What are the kinds of Statistics? . What do you mean by Inferential Statistics? .
What are the kinds of data? . Define Correlation. .
Define Regression. . What is Econometrics? Part-C Answer the following questions in one paragraph: .
What are the functions of Statistics? . Find the Standard Deviation of the following data: , , , , , , , (Answer: = . ) .
State and explain the different kinds of Correlation. . Mention the uses of Regression Analysis. .
Specify the objectives of econometrics. - - Introduction to Statistical Methods and Econometrics . Differentiate the economic model with econometric model. .
Discuss the important statistical organizations (offices) in India. Part-D Answer the following questions . Elucidate the nature and scope of Statistics. .
Calculate the Karl Pearson's Correlation Co-efficient for the following data Demand of Product X : Sale of Product Y: Answer: r= . ) .Find the regression equation Y on X and X on Y for the following data: Y: X: (Answer: Y = .787X + . , and X = .87Y + . ) .
Describe the application of Econometrics in Economics. . Check, Count and make a data set of the number of pages of your subject books of Economics, Commerce, History, Tamil and English ACTIVITY - - Introduction to Statistical Methods and