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Type I and Type II Error Explained

#MoSPI has released the Press Note on Second Advance Estimates of #GDP, FY 2024-25; Quarterly Estimates of #GDP for Q3, FY 2024-25; First Revised & Final Estimates of #GDP, National Income, Consumption Expenditure, Saving, Capital Formation for FY 2023-24 & FY 2022-23.

Press Note of today’s release can be accessed from https://mospi.gov.in/sites/default/files/press_release/PRESS-NOTE-ON-SAE-2024-25-Q3-2024-25-FRE-2023-24-and-FE-2022-23-M.pdf

#DataforDevelopment #DataForAll #easeofdata

Last date for Nominations for the 2024-25 Prof. C. R. Rao National Award in Statistics is today!

Prof. C. R. Rao National Award in Statistics is awarded for outstanding contributions to the field of Statistics and recognizes young statisticians who have made significant strides in statistical research and its practical applications.
The award will be presented on the Statistics Day i.e. on 29th June, 2025.

Apply online through the National Awards Portal: https://www.awards.gov.in

#MoSPI #nso #DataforDevelopment #crraonationalaward #youngstatistician #statisticsaward #nationalawards2024 #statisticsexcellence #statisticalcontributions #awardnomination #indianstatisticians #crraorecognition

Rao Inderjit Singh NITI Aayog Press Information Bureau - PIB, Government of India University Grants Commission Ministry of Education Indian Institute of Technology Kanpur IIT Bombay IIT Madras IIT Delhi IIT Guwahati IIM Ahmedabad IIM Calcutta IIM Bangalore IIM Rohtak IIM Kozhikode IIM Indore

Real #GDP has observed a Growth Rate of 6.2% in Q3 of FY 2024-25. Growth rate in Nominal #GDP for Q3 of FY 2024-25 has been estimated at 9.9%.
The growth rate of Real #GDP for Q2 of financial year 2024-25 has been revised upward to 5.6%.

#DataforDevelopment #easeofdata #MoSPI

GDP growth in 2023-24 is mainly contributed by double-digit growth rates in ‘Manufacturing’ (12.3%), ‘Construction’ (10.4%) and ‘Financial, Real Estate & Professional Services’ (10.3%) sectors.

Construction’ sector is estimated to observe a high single digit growth rate (8.6%) during 2024-25.

Financial, Real Estate & Professional Services’ sector expected to witness a growth (7.2%) during 2024-25.

#DataforDevelopment #easeofdata #MoSPI

Growth Rate of Real #GDP for 2024-25 is estimated as 6.5%.
Real #GDP Growth Rate of 9.2% for FY 2023-24 is the highest in the previous 12 years except for post-covid financial year 2021-22.

#DataforDevelopment #DataForAll #easeofdata

GDP growth in 2023-24 is mainly contributed by double-digit growth rates in ‘Manufacturing’ (12.3%), ‘Construction’ (10.4%) and ‘Financial, Real Estate & Professional Services’ (10.3%) sectors.

Construction’ sector is estimated to observe a high single digit growth rate (8.6%) during 2024-25.

Financial, Real Estate & Professional Services’ sector expected to witness a growth (7.2%) during 2024-25.

#DataforDevelopment #easeofdata #MoSPI

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NSO means National Statistical Office સમજવું

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