Important Questions: Use of Statistical Tools | Economics Class 11 - Commerce PDF Download

Q1: Name the items variables included in the demographic structure.
Ans: The variables included in the demographic structure are:

• Population Size: The total number of individuals in a specific area.
• Density: The number of people per unit of area, usually per square kilometer or square mile.
• Age Structure: The distribution of the population across various age groups.
• Birth Rate: The number of live births per thousand people in a specific time period.
• Death Rate: The number of deaths per thousand people in a specific time period.

Q2: Name five statistical methods that are used in developing a project.
Ans: The five statistical methods used in developing a project are as follows:

• Data Collection: Gathering relevant information for analysis.
• Data Classification: Organizing collected data into categories or groups.
• Data Presentation: Displaying data in a comprehensible format, such as tables or charts.
• Data Analysis: Applying statistical techniques to derive meaningful insights from the data.
• Data Interpretation: Making sense of the analyzed data, drawing conclusions, and making recommendations based on the findings.

Q3: What are the steps to prepare a project report on consumer awareness?
Ans: The steps to prepare a project report on consumer awareness are as follows:

• Designing a Questionnaire: Creating a structured set of questions to gather relevant consumer information.
• Framing a Sample: Selecting a representative group of consumers for data collection.
• Collecting Data: Gathering responses from the selected sample.
• Classifying Data: Organizing collected data into categories for analysis.
• Presenting Data: Representing data visually, often using graphs or tables.
• Analyzing Data: Applying statistical methods to examine patterns and trends in the data.
• Interpreting Data: Drawing conclusions and insights based on the data analysis.

Q4: What do you mean by demographics?
Ans: Demographics refers to the statistical study of the characteristics of a human population. This includes factors such as population size, growth rate, age distribution, density, and vital statistics like birth and death rates. Demographics provide essential insights into the composition and trends within a specific population.

Q5: Explain demographic structure.
Ans: Demographic structure describes the composition of a population in terms of age, gender, ethnicity, and other factors. It highlights the distribution of individuals across different age groups and often includes information about birth rates, death rates, and migration patterns. Understanding demographic structure is crucial for social and economic planning.