In data compilation, the process of arranging raw data into categories based on shared characteristics is called: MCQ with Answer and Explanation
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Question #1
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Which of the following is true about the median?
Correct Answer: Option A
Explanation:
Median requires only ranking, so it is suitable for ordinal data.
Median requires only ranking, so it is suitable for ordinal data.
This question belongs to:
Accountancy and Statistics
Statistics
Question #2
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Crude Birth Rate is the number of live births per ______ population in a year.
Correct Answer: Option C
Explanation:
CBR = (Live births / Mid-year total population) × 1000.
CBR = (Live births / Mid-year total population) × 1000.
This question belongs to:
Accountancy and Statistics
Statistics
Question #3
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Classification of data by attributes such as religion or literacy is called:
Correct Answer: Option B
Explanation:
Qualitative classification groups data based on non-numerical characteristics (attributes), enabling analysis of categorical variables like religion, literacy, or occupation.
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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