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When two different economic outcomes are compared before and after the change, it is known as comparative statistics analysis in simple terms. The comparison is made between two unique equilibrium states only after adjustment. One can use the analysis of comparative statistics in the field of supply and demand. Comparative statistics analysis is employed in the analysis of a single – market fiscal policy or economic policy.
It is important to apply a higher level of mathematics intensively so as to finish the linear approximation necessary in the field of comparative statistics. We have expert tutors with vast experience to assist you in all kinds of mathematics and statistics concept needed to deal with the problem of analysis of comparative statistics in economics.
This analysis is helpful in designing and deciding the critical policies and decisions and is used by the economists for the same. Our expert tutors team can help you with various economic assignments.
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