If a variable can take only integer values, the data is: MCQ with Answer and Explanation

If a variable can take only integer values, the data is:

A. Ordinal

B. Discrete

C. Continuous

D. Qualitative

Answer: Option B

Integer values are discrete.

This question belongs to: Accountancy and Statistics Statistics

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Question #1 Report Error

Yule's coefficient of association Q is defined as (ad - bc)/(ad + bc), where ad = (AB)×(αβ) and bc = (Aβ)×(αB). This coefficient is also known as:

A. Coefficient of determination

B. Coefficient of concordance

C. Coefficient of correlation

D. Coefficient of colligation

Correct Answer: Option D

Explanation:
Q is Yule's coefficient of association, also called coefficient of colligation.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

The Fisher index is also known as:

A. Ideal index

B. Simple index

C. Chain index

D. Cost index

Correct Answer: Option A

Explanation:
Fisher termed his index 'ideal' because it satisfies time reversal and factor reversal tests.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Which of the following is a quantitative classification?

A. Gender

B. Height in centimeters

C. Religion

D. Nationality

Correct Answer: Option B

Explanation:
Height is a measurable quantity, hence quantitative classification.

This question belongs to: Accountancy and Statistics Statistics