Data compiled from several sources and presented in a unified manner is an example of: MCQ with Answer and Explanation

Data compiled from several sources and presented in a unified manner is an example of:
A. Experimental data
B. Raw data
C. Secondary data
D. Primary data
Answer: Option C
Solution (By JKExamLibrary)
Compiled data from existing sources is secondary data.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
The probability of obtaining a sum of 9 in a single throw of two dice is:
A. 1/36
B. 1/9
C. 1/6
D. 1/12

Correct Answer: Option B


Explanation:
Favorable outcomes: (3,6),(4,5),(5,4),(6,3) → 4. Probability = 4/36 = 1/9.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
A 'questionnaire' is said to be reliable if it:
A. Has many open-ended questions
B. Measures what it intends to measure
C. Is long and detailed
D. Yields consistent results on repeated administration

Correct Answer: Option D


Explanation:
Reliability refers to consistency of measurement.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
In probability, if P(A) = 0, then A is:
A. An impossible event
B. Independent of any other event
C. A sure event
D. Both B and C are correct

Correct Answer: Option D


Explanation:
An impossible event has probability 0, and it is independent of any event because P(A∩B)=0 = P(A)P(B).

This question belongs to: Accountancy and Statistics Statistics