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Commerce Exam  >  Commerce Tests  >  Statistics for Economics - Class XI  >  Test: Organisation of Data - 1 - Commerce MCQ

Test: Organisation of Data - 1 - Commerce MCQ


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10 Questions MCQ Test Statistics for Economics - Class XI - Test: Organisation of Data - 1

Test: Organisation of Data - 1 for Commerce 2024 is part of Statistics for Economics - Class XI preparation. The Test: Organisation of Data - 1 questions and answers have been prepared according to the Commerce exam syllabus.The Test: Organisation of Data - 1 MCQs are made for Commerce 2024 Exam. Find important definitions, questions, notes, meanings, examples, exercises, MCQs and online tests for Test: Organisation of Data - 1 below.
Solutions of Test: Organisation of Data - 1 questions in English are available as part of our Statistics for Economics - Class XI for Commerce & Test: Organisation of Data - 1 solutions in Hindi for Statistics for Economics - Class XI course. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free. Attempt Test: Organisation of Data - 1 | 10 questions in 10 minutes | Mock test for Commerce preparation | Free important questions MCQ to study Statistics for Economics - Class XI for Commerce Exam | Download free PDF with solutions
Test: Organisation of Data - 1 - Question 1
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What is the primary objective of classification?

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The primary objective of classification is to simplify and condense data into homogeneous classes or groups based on common characteristics. This makes data easier to analyze and compare, leading to a clearer understanding of the information being presented.
Test: Organisation of Data - 1 - Question 2
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What is qualitative classification primarily concerned with?

Detailed Solution for Test: Organisation of Data - 1 - Question 2
Qualitative classification is primarily concerned with providing descriptive information about the quality or characteristics of something or someone. It involves categorizing data based on descriptive attributes like color, texture, or quality.
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Test: Organisation of Data - 1 - Question 3
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Which type of classification is based on time frames like years, quarters, and months?

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Chronological classification is based on time frames such as years, quarters, months, or weeks. It arranges data in ascending or descending order with respect to a particular time frame, making it useful for tracking trends and changes over time.
Test: Organisation of Data - 1 - Question 4
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What is the term for numerical figures specifying the lower and upper limits of a class interval?
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Class limits are numerical figures that specify the lower and upper boundaries of a class interval in a frequency distribution. They define the range of values included in a particular class.
Test: Organisation of Data - 1 - Question 5
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Which type of variable can take fractional values within a specified range?
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A continuous variable can take any possible value, including fractions, within a specified range. Examples include temperature, height, and weight.
Test: Organisation of Data - 1 - Question 6
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What method is used to keep count using a unary numeral system?
Detailed Solution for Test: Organisation of Data - 1 - Question 6
Tally marking is a method used to keep count using a unary numeral system. It involves representing numbers with sets of vertical lines, with the fifth line drawn diagonally over the previous four lines.
Test: Organisation of Data - 1 - Question 7
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Which type of frequency distribution involves two variables?
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A bivariate frequency distribution involves two variables and shows the frequencies of both variables together. It's used to analyze the relationship between two sets of data, such as income and expenditure.
Test: Organisation of Data - 1 - Question 8
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What type of distribution represents the correlation between at least two estimates and their relationships?
Detailed Solution for Test: Organisation of Data - 1 - Question 8
A multivariate distribution represents the correlation between at least two estimates and the relationships among them. It provides a broader understanding of the interplay between multiple variables in statistical analysis. The most common example is the multivariate normal distribution.
Test: Organisation of Data - 1 - Question 9
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In a population survey, what could be considered as attributes of individuals?
Detailed Solution for Test: Organisation of Data - 1 - Question 9
Attributes of individuals in a population survey can include a wide range of characteristics such as height, weight, age, gender, marital status, income, as well as descriptive attributes like skin color, eye color, and hair texture.
Test: Organisation of Data - 1 - Question 10
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Which term refers to a characteristic that varies from one investigation to another?
Detailed Solution for Test: Organisation of Data - 1 - Question 10
A variable is a characteristic that varies or changes from one investigation to another, whether it be from person to person, time to time, or place to place.
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