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On the basis of general character of data, statistical series can be divided into _____ groups. 
  • a)
    One 
  • b)
    Two 
  • c)
    Three 
  • d)
    Four
Correct answer is option 'C'. Can you explain this answer?
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On the basis of general character of data, statistical series can be d...
Types of Statistical Series

Three
Statistical series can be divided into three main groups based on the general character of the data. These groups help in organizing and analyzing data effectively.

1. Qualitative Series
- Qualitative series are used when the data is non-numeric in nature, such as categories, attributes, or labels.
- This type of data cannot be measured numerically but can be classified into different categories.
- Examples of qualitative series include colors, types of animals, or types of cars.

2. Discrete Quantitative Series
- Discrete quantitative series involve data that can be counted and measured in distinct units.
- The values in this type of series are finite and separate from each other.
- Examples of discrete quantitative series include number of students in a class, number of cars in a parking lot, or number of goals scored in a football match.

3. Continuous Quantitative Series
- Continuous quantitative series consist of data that can take any value within a certain range.
- The values in this type of series are not restricted to specific points and can be measured with decimal precision.
- Examples of continuous quantitative series include height measurements, weight measurements, or temperature readings.
By categorizing statistical series into these three groups, analysts and researchers can choose appropriate statistical methods and tools to analyze the data effectively.
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On the basis of general character of data, statistical series can be divided into _____ groups.a)Oneb)Twoc)Threed)FourCorrect answer is option 'C'. Can you explain this answer?
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