In attribute theory, consistency of data requires that all ultimate class frequencies are: MCQ with Answer and Explanation

In attribute theory, consistency of data requires that all ultimate class frequencies are:
A. Positive integers or zero
B. Greater than marginal frequencies
C. Equal
D. Multiples of 10
Answer: Option A
Solution (By JKExamLibrary)
Consistency checks ensure no calculated frequency (e.g., from marginal totals) is negative, as counts cannot be negative; all must be non-negative integers for logical validity.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
If (A)=60, (B)=50, N=100, the maximum possible value of (AB) is:
A. 50
B. 10
C. 100
D. 60

Correct Answer: Option A


Explanation:
(AB) cannot exceed the smaller of (A) and (B), hence 50.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
Which index number is known as 'ideal'?
A. Paasche
B. Marshall-Edgeworth
C. Laspeyres
D. Fisher

Correct Answer: Option D


Explanation:
Fisher's index is called ideal because it satisfies time reversal and factor reversal tests.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
The combined mean of two groups with means 40 (size 10) and 60 (size 20) is:
A. 55
B. 56.67
C. 50
D. 53.33

Correct Answer: Option D


Explanation:
Combined mean = (10×40 + 20×60) / (10+20) = (400 + 1200) / 30 = 1600 / 30 ≈ 53.33. This weights each group's mean by its sample size.

This question belongs to: Accountancy and Statistics Statistics