What is the primary objective of using statistical tools in economic activities?

To gather pertinent information and recommend enhancements to products or systems.

Fill in the blanks: The steps towards making a project include identifying a problem, determining the target group, collecting data, organizing the data, analyzing the data, drawing conclusions, and including a ___.

Bibliography of all secondary sources used.

True or False: Statistical tools can only be used for primary data collection.

False. Statistical tools can be used for both primary and secondary data collection.

Riddle: I help you make sense of numbers and trends, from surveys to charts, my work never ends. What am I?

Statistical tools.

What methods can be used to collect data in a project?

Data can be collected through primary methods like surveys and experiments, or secondary methods like research papers and government reports.

Fill in the blanks: After collecting data, it is important to ___ and ___ the data using statistical measures.

Analyze and interpret

What is the primary objective of the student projects related to economic issues?

To identify and address specific problems in various sectors and suggest feasible solutions through a project report.

Fill in the blank: Projects may involve conducting surveys, collecting ___ and ___ data.

Primary and secondary

True or False: One of the suggested projects is to investigate the literacy levels and reasons for school dropouts.

True

Riddle: I am essential for growth and health, I can be found in crops and the farmer's wealth. What am I?

Agriculture

Fill in the blank: Assessing the involvement of women in ___ schemes is one of the suggested projects.

Employment

What type of data analysis may be included in the projects to help with recommendations?

Analyzing and interpreting the collected data.

True or False: Enhancing facilities for safe drinking water is not considered an economic issue.

False - It is considered an economic issue.