The difference between a histogram and a bar chart is: MCQ with Answer and Explanation

Question Report Error

The difference between a histogram and a bar chart is:

A. Histogram uses frequency, bar chart uses cumulative frequency

B. Histogram is for continuous data, bar chart for discrete/categorical

C. Bar chart uses bars, histogram uses lines

D. No difference

Answer: Option B

Solution (By JKExamLibrary)

Histogram represents frequency distribution of continuous variables, while bar chart is for categorical data with gaps between bars.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error

The probability of getting at least one head in two tosses of a fair coin is:

A. 1

B. 1/2

C. 1/4

D. 3/4

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Correct Answer: Option D

Explanation:
P(at least one head) = 1 - P(no heads) = 1 - P(TT) = 1 - 1/4 = 3/4. Alternatively, favorable outcomes: HH, HT, TH (3 out of 4), so 3/4.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

The Laspeyres price index is 120 and the Paasche price index is 110. Fisher's index is:

A. 114.89

B. 115.0

C. 115.5

D. 113.0

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Correct Answer: Option A

Explanation:
√(120×110)=√13200≈114.89.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

Paasche price index uses quantities of:

A. Base period

B. Any chosen period

C. Current period

D. Average of base and current

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Correct Answer: Option C

Explanation:
Paasche index uses current period quantities as weights.

This question belongs to: Accountancy and Statistics Statistics

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