Data on attributes is said to be consistent if: MCQ with Answer and Explanation

Data on attributes is said to be consistent if:
A. The sum of all frequencies equals the sample size
B. Attributes are independent of each other
C. All class frequencies are positive integers
D. No calculated class frequency is negative, as negative frequencies are impossible
Answer: Option D
Solution (By JKExamLibrary)
Consistency requires that all derived class frequencies (including ultimate classes) are non-negative, as negative counts are logically impossible in real-world data.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
In a 2×2 contingency table for attributes A and B, the frequency of (Aβ) represents units that:
A. Possess neither A nor B
B. Possess A but not B
C. Possess A and B
D. Do not possess A but possess B

Correct Answer: Option B


Explanation:
Standard notation: A = presence of attribute A, β = absence of attribute B. Thus, (Aβ) denotes units with attribute A present and attribute B absent.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
Which of the following index numbers uses the weighted arithmetic mean of price relatives with base year value weights?
A. Paasche index
B. Fisher index
C. The Laspeyres index can be expressed as weighted arithmetic mean of price relatives with base period values as weights.
D. Laspeyres index

Correct Answer: Option C


Explanation:
Laspeyres = Σ (p₁/p₀) × w₀, where w₀ = p₀q₀ / Σp₀q₀. So it is a weighted arithmetic mean of relatives.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
The 'life expectancy at birth' in India as per recent SRS is about:
A. 60 years
B. 69 years
C. 72 years
D. 65 years

Correct Answer: Option B


Explanation:
Life expectancy at birth is around 69 years (2014-18).

This question belongs to: Accountancy and Statistics Statistics