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Statistics bingo

Exercise and reference answers

Clues and terms
  1. Clue
    Means fall short of the wants people have.
    Item
    Scarcity
  2. Clue
    What scarcity forces every person to make.
    Item
    Choice
  3. Clue
    Study of how buyers use goods.
    Item
    Consumption
  4. Clue
    Study of how goods get made.
    Item
    Production
  5. Clue
    Study of how income is shared out.
    Item
    Distribution
  6. Clue
    Total income arising in the country.
    Item
    GDP
  7. Clue
    Collecting, organising and analysing data.
    Item
    Statistics
  8. Clue
    The quantitative information being studied.
    Item
    Data
  9. 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'_
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