# NCERT Solutions Class 11 Statistics Chapter 1

The definition of Economics is taught to the students in this section, and they also learn that Marshall is considered to be the father of economics. The NCERT Solutions For Class 11 Statistics Chapter 1 aims to clarify explicitly what the purpose of economics is and how students can apply it. The NCERT Solutions For Class 11 Statistics Chapter 1 PDF content defines numerous terminologies, such as the terms “customer,” “vendor,” and “buyer.” Who are the service holders, service providers, and producers? After the students have a firm understanding of these concepts, The NCERT Solutions For Class 11 Statistics Chapter 1 introduces them to the relevance of economics by explaining concepts like what constitutes an economic activity, what exchange policy entails, etc.

The NCERT Solutions For Class 11 Statistics Chapter 1 involves processes like consumption, distribution, production, and marketing, among others, that are explained to the students in Chapter 1 so they can comprehend them easily. These ideas and know-how can assist students in their preparation for competitive exams for commercial background courses as well as professional administration courses. It is possible to draw a conclusion. Economics is the study of how individuals and society decide to mobilize resources. It could be put to other uses in order to produce a range of goods that meet their needs and distribute them for consumption among numerous individuals and social groups. The NCERT Solutions For Class 11 Statistics Chapter 1, provides simplified explanations of the above concepts.

Economics Statistics

The objective of the NCERT Solutions For Class 11 Statistics Chapter 1 introduces and demonstrates to the students how statistics and economics relate to each other. The students learn a variety of economic concepts. It is time to dive into statistics, which begins with data collection. If they think of the project as a nation, they can gather all the data and analyse it in the next stage. After data analysis, one must analyse the facts and put into practice a new policy that could alter the nation’s economic situation. The term for this is Economic policy. This implies that the students should comprehend how new economic policies are developed using statistical tools. The NCERT Solutions For Class 11 Statistics Chapter 1 have all the information regarding the above context that will help the students understand the mechanics of economics.

Importance of Economics

Students who study economics are better able to comprehend their surroundings. It makes it possible for them to comprehend organizations, markets, and governments, enabling them to better react to the challenges and possibilities that arise when circumstances change. Because of their ability to solve problems and analyse data, economics majors are well-suited for a variety of career paths, including law, risk management, actuarial work, finance, foreign policy, public administration, politics, policy analysis, health administration, entrepreneurship, market research, journalism, and undiscovered fields of the future.

Statistics

The NCERT Solutions For Class 11 Statistics Chapter 1 goes into great length to explain statistics from its beginnings. Statistics is listed as a singular word with a plural sense in the Oxford dictionary. It implies that it is a representation of numerous items’ values as a whole. Statistics can also be used to quantify work in order to improve or degrade its quality.

## H2 – NCERT Solutions for Class 11 Statistics Chapter 1 – Introduction

The Extramarks website provides the Class 11 Statistics Chapter 1 Solutions, full explanation of the statistics’ introduction in accordance with the level of Class 11. The relevance of each topic in the entire chapter is detailed in NCERT Solutions For Class 11 Statistics Chapter 1. Numerous questions are posed that help students clarify their understanding of the concepts in Class 11 Statistics Chapter 1. Additionally, it offers a number of answers to the questions so that students may understand how to respond in order to receive higher scores.

Students can download the NCERT Solutions For Class 11 Statistics Chapter 1 from the Extramarks website or mobile application. They can download this PDF file anytime and use it at their convenience.

The Extramarks also provides NCERT Solutions from Class 1 to 12. These solutions are specially curated for each academic session. Experts also update the NCERT Solutions as per the CBSE guidelines.

Class-wise NCERT Solutions are as follows:

For elementary schools Classes 1 to 5

NCERT Solution Class 1

NCERT Solution Class 2

NCERT Solution Class 3

NCERT Solution Class 4

NCERT Solution Class 5

For middle school Class 6 to 8

NCERT Solution Class 6

NCERT Solution Class 7

NCERT Solution Class 8

For secondary school Class 9 1o 10

NCERT Solution Class 9

NCERT Solution Class 10

For upper secondary school Class 11 to 12

NCERT Solutions Class 11

NCERT Solutions Class 12

## H2 – NCERT Solutions for Class 11 Statistics Chapter 1 Introduction

Students have the option of reading the NCERT Solutions For Class 11 Statistics Chapter 1 from the Extramarks official website, or they can download the NCERT Solutions For Class 11 Statistics Chapter 1 in a PDF version. Students can learn all the ideas gradually with the aid of the NCERT Solutions For Class 11 Statistics Chapter. The NCERT Solutions For Class 11 Statistics Chapter 1 can be revised as revision notes. The students can use PDFs to study for board examinations, academic exams, and competitive tests.

Class 11 Statistics Chapter 1 Solutions are regarded as a very useful study resource when preparing for the CBSE Class 11 Statistics examinations. This study material is well-informed, and the solutions supplied by the experts are all perfectly credible. Statistics is concerned with the collection, organization, analysis, clarification, and presentation of data.

The NCERT Solutions For Class 11 Statistics Chapter incorporates every major explanation  and crucial component in a form that makes it easy to remember. Students will have access to well-made review materials that include explanations and visuals to enhance learning. Therefore, it is essential to study Statistics Chapter 1 Class 11 for preparation. It is accessible for download in PDF format from the Extramarks website. Students can access it whenever it’s convenient for them.

### H3 – Introduction

The goal of the NCERT Solutions For Class 11 Statistics Chapter 1  by the Extramarks is to properly explain to the students both the topic of Statistics and the subject of Economics. Classes 11 and 12 serve as a turning point for students to choose their careers as they progress to higher levels of education. Therefore, students should be familiar with all the topics beforehand so that they may make a decision based on their preferences. So they can include the NCERT Solutions For Class 11 Statistics Chapter 1 in their study preparations.

### H3 – Exercises-7 Long Answer Type Questions

Students have required the NCERT Solutions For Class 11 Statistics Chapter 1 to read Chapter 1 to understand the uses and significance of statistics in a variety of fields. Statistics both have the ability to expand and reduce data. Economic policies, the execution of projects, the evaluation of productivity, and other things can all be derived from statistics. In Class 11 Statistics Chapter 1, there are long answer types. In the long answer type questions, students need to give brief explanations. To write correct answers, students can refer to Class 11 Statistics Chapter 1 Solutions. It contains lots of descriptive answers which can be used directly in the examination. The Class 11 Statistics Chapter 1 Solutions will help students earn some extra points.

The NCERT Solutions For Class 11 Statistics Chapter 1 provides a collection of comprehension for the students in order to understand the Statistics Chapter 1 Class 11.

### H3 – Key Takeaways of NCERT Solutions for class 11 statistics chapter 1- Introduction Free Pdf

The NCERT Solutions For Class 11 Statistics Chapter 1  PDF, which is downloadable on the Extramarks website, is useful for providing instruction. There are some characteristics following:

On every subject, it provides a plethora of data. The content is created by knowledgeable subject specialists. They include both solved and unsolved test papers to help students achieve higher exam passing rates. The NCERT Solutions For Class 11 Statistics Chapter 1 are suitable materials to use in the examination. Students can use the NCERT Solutions For Class 11 Statistics Chapter 1 as final revision notes.

### 1. What is Statistics?

The collection, analysis, interpretation, and presentation of numerical data is the central focus of statistics. Although statistics also has a role in subjects like Mathematics, Physics, Psychology, and others, this subject deals with collected data in the field of Economics. Although it also employs qualitative data, the majority of the data in Economics are quantitative. Following data collection, statistics is concerned with how the data is presented in tabular, diagrammatic, and graphic formats. The methods of mean, variance, standard deviation, etc. are then used to compute and summarize them.

### 2. How many topics are covered in the Class 11 Statistics Chapter 1?

There are many topics covered in the Class 11 Statistics Chapter 1 which are as follows;

There are mostly theoretical parts. Students will find it easy to understand.

Why Economics?

Consumption, Production, and Distribution

Statistics in economics

What is statistics?

Conclusion

### 3. How many chapters are there in Economics for Class 11?

The number of chapters in Economics for Class 11 is listed below. There are 10 chapters in Indian Economic Development (IED). There are 9 chapters in business statistics. Students must visit Extramarks website to download the syllabus for Class 11 Economics.