Q.
1 a) Define the following terms:
i)
Primary and secondary data
ii)
Qualitative and quantitative variable
b)
Write down the applications of statistics in business and commerce.
(a) i) **Primary and Secondary Data:**
Allama Iqbal Open University (AIOU) Books, Assignments, Study Material and News Updates Hub
Q.
1 a) Define the following terms:
i)
Primary and secondary data
ii)
Qualitative and quantitative variable
b)
Write down the applications of statistics in business and commerce.
(a) i) **Primary and Secondary Data:**
Introduction to Business Statistics (1350)
Q. 1 a) What do you understand by the term of Statistics? Give its chief characteristics.