1.5 - Conclusion
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions
What does economics study?
💡 Hint: Think about how we deal with our limited wants.
Name one economic problem statistics can help analyze.
💡 Hint: Consider issues faced by societies.
4 more questions available
Interactive Quizzes
Quick quizzes to reinforce your learning
What is the primary role of statistics in economics?
💡 Hint: Think about what statistics helps us to achieve.
True or False: Statistics can lead to faulty conclusions if not used properly.
💡 Hint: Consider how data can be misused.
Get performance evaluation
Challenge Problems
Push your limits with advanced challenges
Discuss a scenario where statistical analysis predicted a rise or fall in economic indicators. Was the prediction accurate?
💡 Hint: Consider major economic events in the last decade.
Design a study to analyze the impact of a specific government policy on the economy, using statistical methods.
💡 Hint: Choose a policy that has recent data available.
Get performance evaluation
Reference links
Supplementary resources to enhance your learning experience.