The ‘footnote’ of a statistical table is used to: MCQ with Answer and Explanation

The ‘footnote’ of a statistical table is used to:
A. List the units of measurement
B. Provide additional explanation or clarification about specific items
C. State the source of data
D. Give the title of the table
Answer: Option B
Solution (By JKExamLibrary)
Footnotes clarify specific cells or data points; the source is typically given separately, and the title is at the top.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1 Report Error
Assertion (A): For two attributes A and B, if (AB) > (A)(B)/N, they are positively associated. Reason (R): Positive association means they occur together more often than expected under independence. Choose the correct option:
A. Both A and R are true, but R is not the correct explanation of A
B. A is false, R is true
C. Both A and R are true, and R is the correct explanation of A
D. A is true, R is false

Correct Answer: Option C


Explanation:
If observed joint frequency exceeds the expected under independence, it indicates positive association. R explains A perfectly.

This question belongs to: Accountancy and Statistics Statistics
Question #2 Report Error
The total of all frequencies in a frequency distribution is equal to the:
A. Class mark of the last class
B. Mean of the frequencies
C. Highest cumulative frequency
D. Width of the highest class

Correct Answer: Option C


Explanation:
In a 'less than' cumulative frequency distribution, the final cumulative frequency equals the total number of observations (N).

This question belongs to: Accountancy and Statistics Statistics
Question #3 Report Error
If attributes A and B are independent, the expected frequency of (αβ) is:
A. (A)×(B)/N
B. Observed (αβ)
C. (α)×(β)/N²
D. (α)×(β)/N

Correct Answer: Option D


Explanation:
Under independence, each cell frequency equals product of margins divided by N.

This question belongs to: Accountancy and Statistics Statistics