Respuesta :

adioabiola

The basic responsibilities of the position for descriptive statistics are simply outlined below:

  1. To identify the potential relationships which exist between variables
  2. To also help in the provision of basic information about variables in a dataset

What is economics?

Economics can simply be defined as a social science which studies human behavior in relation to ends and scarce means which have alternative uses.

The study of economics is so interesting as it helps us to understand areas such as:

Supply & demand

  • Perfect & imperfect competition
  • Taxation
  • Descriptive statistics
  • International trade
  • Price controls
  • Monetary policy
  • Exchange rates
  • Interest rates
  • Unemployment
  • Inflation e.t.c

For a worthy of reason, we study economics in order to help us think strategically and make decisions to optimise the outcome.

Therefore, the basic responsibilities of the position for descriptive statistics are simply outlined below:

  • To identify the potential relationships which exist between variables
  • To also help in the provision of basic information about variables in a dataset

Learn more about economics:

https://brainly.com/question/17996535

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