Economics · Introduction to Statistics
A primary function of statistics in economic planning is:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Enabling emotional decision-making.
- 2Facilitating resource allocation based on empirical evidence.✓
- 3Guessing future needs randomly without historical data.
- 4Avoiding the use of empirical data.
Correct answer
Facilitating resource allocation based on empirical evidence.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Introduction to Statistics MCQs →Want more practice questions on Introduction to Statistics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Introduction to Statistics