General Studies · Functions of Statistics
Which function does statistics serve in economic planning?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only records past events
- 2Makes planning unnecessary
- 3Provides quantitative data for formulating policies and plans✓
- 4Eliminates the need for planning
Correct answer
Provides quantitative data for formulating policies and plans
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