Sturges' rule for the number of classes k is: MCQ with Answer and Explanation

Sturges' rule for the number of classes k is:
A. k = log₁₀ N
B. k = 1 + 2.322 log₁₀ N
C. k = 3.322 log₁₀ N
D. k = 1 + 3.322 log₁₀ N
Answer: Option D
Solution (By JKExamLibrary)
The formula k = 1 + 3.322 log₁₀ N gives an approximate optimal number of classes.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Which of the following is a characteristic of a good index number?
A. It should use only current year weights.
B. It should satisfy the circular test.
C. It should not be based on a basket of items.
D. It should be biased.

Correct Answer: Option B


Explanation:
Desirable properties include satisfying tests like time reversal, factor reversal, circular.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
For two events, P(A)=0.4, P(B)=0.3, and P(A∩B)=0.12. Which of the following is true?
A. A and B are complementary.
B. A and B are mutually exclusive.
C. A and B are independent.
D. P(A∪B)=0.52.

Correct Answer: Option C


Explanation:
0.4×0.3=0.12, so independent. Mutually exclusive would need 0. P(A∪B)=0.4+0.3-0.12=0.58.

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
A car travels 60 km/h for the first half of a distance and 40 km/h for the second half. The average speed (km/h) is:
A. 48
B. 52
C. 45
D. 50

Correct Answer: Option A


Explanation:
Harmonic mean of speeds: 2 / (1/60 + 1/40) = 2 / (5/120) = 240/5 = 48 km/h.

This question belongs to: Accountancy and Statistics Statistics