EconomicsNEB 2082
Define statistics in a singular sense.
1Answer
Definition of Statistics in a Singular Sense
In a singular sense, statistics refers to statistical data or numerical facts that have been systematically collected, organized, and presented to describe a specific phenomenon. These facts are not merely random numbers; they are aggregates of individual observations that are quantitative in nature, affected by their environment, and expressed in terms of numbers rather than qualitative descriptions.
For example, the total population of Nepal, the average rainfall in Kathmandu, or the gross domestic product (GDP) of a country are all examples of statistics in the singular sense. They provide a factual basis for analysis, comparison, and decision-making in economic and social studies.
Key characteristics of statistics in the singular sense:
- Numerical: Expressed in figures.
- Aggregated: Represents a group, not a single individual.
- Systematic: Collected with a specific purpose.
- Definite: Related to a specific time, place, and subject.
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