The process of arranging data into homogeneous groups or classes according to some common characteristics is known as: MCQ with Answer and Explanation

The process of arranging data into homogeneous groups or classes according to some common characteristics is known as:

A. Editing

B. Compilation

C. Tabulation

D. Classification

Answer: Option D

Classification condenses massive data into homogeneous groups, making it easier to analyze.

This question belongs to: Accountancy and Statistics Statistics

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Question #1 Report Error

Given N=100, (A)=40, (B)=30. The expected frequency of (AB) under independence is:

A. 30

B. 40

C. 12

D. 20

Correct Answer: Option C

Explanation:
Expected (AB) = (A)×(B)/N = 40×30/100 = 12.

This question belongs to: Accountancy and Statistics Statistics

Question #2 Report Error

The population of India in 2023 is estimated to be:

A. 1.5 billion

B. 1.3 billion

C. 1.2 billion

D. 1.4 billion

Correct Answer: Option D

Explanation:
India's population surpassed 1.4 billion around 2023.

This question belongs to: Accountancy and Statistics Statistics

Question #3 Report Error

In a mail survey, which technique can help increase the response rate?

A. Using complex wording

B. Eliminating follow-up reminders

C. Making the questionnaire extremely long

D. Providing a cover letter explaining the study's importance

Correct Answer: Option D

Explanation:
A well-written cover letter that explains the purpose and assures confidentiality can motivate respondents to participate.

This question belongs to: Accountancy and Statistics Statistics