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Two basic Statistical laws concerning a population are
- a)the law of statistical irregularity and the law of inertia of large numbers .
- b)the law of statistical regularity and the law of inertia of large number Rs.
- c)The law of statistical regularity and the law of inertia of small number Rs.
- d)None
Correct answer is option 'B'. Can you explain this answer?
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Two basic Statistical laws concerning a population area)the law of sta...
The correct answer is option B - the law of statistical regularity and the law of inertia of large numbers.
Explanation:
The law of statistical regularity states that in large samples or populations, certain statistical patterns tend to emerge and remain consistent. This means that as the size of the sample or population increases, the statistical results become more reliable and predictable. In other words, there is a regularity or consistency in the statistical behavior of large numbers.
The law of inertia of large numbers, also known as the law of large numbers, is a fundamental principle in statistics. It states that as the size of a sample or population increases, the sample mean or average tends to approach the population mean. In simpler terms, the more data we have, the more accurate our estimate of the true population parameter becomes. This law is based on the idea that random variations in individual observations tend to cancel each other out when we have a large enough sample.
To summarize, the law of statistical regularity emphasizes the consistent patterns that emerge in large populations or samples, while the law of inertia of large numbers highlights the tendency for sample means to converge to the population mean as the sample size increases. These two laws are fundamental principles in statistics and provide the basis for making reliable inferences about populations based on sample data.
Explanation:
The law of statistical regularity states that in large samples or populations, certain statistical patterns tend to emerge and remain consistent. This means that as the size of the sample or population increases, the statistical results become more reliable and predictable. In other words, there is a regularity or consistency in the statistical behavior of large numbers.
The law of inertia of large numbers, also known as the law of large numbers, is a fundamental principle in statistics. It states that as the size of a sample or population increases, the sample mean or average tends to approach the population mean. In simpler terms, the more data we have, the more accurate our estimate of the true population parameter becomes. This law is based on the idea that random variations in individual observations tend to cancel each other out when we have a large enough sample.
To summarize, the law of statistical regularity emphasizes the consistent patterns that emerge in large populations or samples, while the law of inertia of large numbers highlights the tendency for sample means to converge to the population mean as the sample size increases. These two laws are fundamental principles in statistics and provide the basis for making reliable inferences about populations based on sample data.
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Two basic Statistical laws concerning a population area)the law of sta...
The text suggests that complete enumeration is preferred when detailed information is necessary, the population size is not large, or when the occurrence of a particular attribute is so rare that it might merit complete enumeration.
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Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer?
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Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer?.
Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Two basic Statistical laws concerning a population area)the law of statistical irregularity and the law of inertia of large numbers .b)the law of statistical regularity and the law of inertia of large number Rs.c)The law of statistical regularity and the law of inertia of small number Rs.d)NoneCorrect answer is option 'B'. Can you explain this answer?.
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