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In: Math

What is the value to us in the twenty-first century of having an accurate demographic picture...

What is the value to us in the twenty-first century of having an accurate demographic picture of earlier centuries? Explain in detail and provide an example.

Solutions

Expert Solution

Answer:

  • Here the benefit i.e., value of having an exact statistic picture of prior hundreds of years to us is that it enables us to perceive how patterns have changed and where they could possibly be going.
  • For instance on the off chance that we break down the general statistic for individuals who have acquired autos over a significant stretch of time then maybe we may see a pattern that could conceivably be all the more requesting for more vehicles to be worked in the future.
  • This would help entrepreneurs extraordinarily as they would know whether to proceed with creation of their items.
  • Indeed, statistic information are intrinsically spatial. The purpose behind this being is that each demographical territory will in general have its own qualities in it's own geographic region.
  • In spite of the fact that there are special cases to this various zones commonly will in general produce distinctive demographical information as a rule because of outer factors,
  • For example, the land potential for creation. In spite of the fact that there are different components associated with deciding this kind of information, this would need to be one of the primary ones.

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