Statistics bingo
Exercise and reference answers
- Clues and terms
- Clue
- Means fall short of the wants people have.
- Item
- Scarcity
- Clue
- What scarcity forces every person to make.
- Item
- Choice
- Clue
- Study of how buyers use goods.
- Item
- Consumption
- Clue
- Study of how goods get made.
- Item
- Production
- Clue
- Study of how income is shared out.
- Item
- Distribution
- Clue
- Total income arising in the country.
- Item
- GDP
- Clue
- Collecting, organising and analysing data.
- Item
- Statistics
- Clue
- The quantitative information being studied.
- Item
- Data
- Clue
- Diagrams used to present the figures.
- Item
- Graphs
- Instructions
- Read each clue and tap the term it describes.
Explanation
_Source: syllabus Statistics for Economics, Ch 1 'Introduction'_