Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Introduction to Statistics

Question:

Why is precise numerical data important in statistics?

Options:

It simplifies complex calculations

It makes the data more convincing

It reduces the need for analysis

It eliminates errors completely

Correct Answer:

It makes the data more convincing

Explanation:

The correct answer is option 2: It makes the data more convincing

Precise numerical data provides exact facts, making the information more convincing than vague statements. For instance, stating exact figures (e.g., 310 people) is more factual than saying "hundreds of people."