Classification of data by attributes such as religion or literacy is called: MCQ with Answer and Explanation

Classification of data by attributes such as religion or literacy is called:

A. Chronological classification

B. Geographical classification

C. Quantitative classification

D. Qualitative classification

Answer: Option D

Solution (By JKExamLibrary)

Qualitative classification groups data based on non-numerical characteristics (attributes), enabling analysis of categorical variables like religion, literacy, or occupation.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

Wholesale Price Index (WPI) in India primarily measures price changes for goods at which stage?

A. Import at customs

B. Retail sale to consumers

C. Factory gate before any distribution

D. First point of bulk sale in the market

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
WPI tracks price movements of goods traded in bulk at the wholesale level (first point of mass sale), reflecting producer and wholesale market inflation, distinct from consumer-focused CPI.

This question belongs to: Accountancy and Statistics Statistics