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The number of errors in Statistics are
- a)One
- b)Two
- c)Three
- d)Four
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect a...
In Statistics, there are two primary types of errors: Type I and Type II. Therefore, the correct answer is b) Two.
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The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect a...
Errors in Statistics
Errors in statistics are the differences between the actual value and the estimated value of a statistical quantity.
Types of Errors
There are two types of errors in statistics:
1. Sampling Error - It is the error that arises due to the use of a sample to estimate a population parameter. It occurs because the sample is only a part of the population, and there may be some variation in the sample that is not representative of the population.
2. Non-Sampling Error - It is the error that arises due to factors other than sampling. These factors include errors in data collection, errors in data processing, errors in measurement, errors in estimation, etc.
Answer
According to the question, the number of errors in statistics is two, as option 'B' states. However, the question does not specify the type of error. Therefore, it is not possible to determine whether the errors are sampling or non-sampling errors.
Errors in statistics are the differences between the actual value and the estimated value of a statistical quantity.
Types of Errors
There are two types of errors in statistics:
1. Sampling Error - It is the error that arises due to the use of a sample to estimate a population parameter. It occurs because the sample is only a part of the population, and there may be some variation in the sample that is not representative of the population.
2. Non-Sampling Error - It is the error that arises due to factors other than sampling. These factors include errors in data collection, errors in data processing, errors in measurement, errors in estimation, etc.
Answer
According to the question, the number of errors in statistics is two, as option 'B' states. However, the question does not specify the type of error. Therefore, it is not possible to determine whether the errors are sampling or non-sampling errors.
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Community Answer
The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect a...
There are two types of errors in statistics,
1. probable error
2. standard error
1. probable error
2. standard error
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The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect answer is option 'B'. Can you explain this answer?
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The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The number of errors in Statistics area)Oneb)Twoc)Threed)FourCorrect answer is option 'B'. Can you explain this answer?.
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