Data collected from a published report of the World Bank is called: MCQ with Answer and Explanation

Question

Share Report Error

Data collected from a published report of the World Bank is called:

A. Secondary data

B. Primary data

C. Raw data

D. Meta data

Answer: Option A

Solution (By JKSSB Mock Tests)

Published reports contain data already gathered by someone else, hence secondary data.

This question belongs to: Accountancy and Statistics Statistics

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Statistics Questions

Question #1

If all observations are multiplied by a constant k, the geometric mean is multiplied by:

A. k²

B. k

C. k/n

D. 1/k

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
GM of (kx) = k × GM of x, since GM(kx) = (kⁿ ∏x)^(1/n) = k (∏x)^(1/n).

This question belongs to: Accountancy and Statistics Statistics

Question #2

Which of the following is primary data?

A. Data taken from a published report

B. Data downloaded from a government website

C. Data collected by an investigator through direct interview

D. Data from a newspaper

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
Primary data is originally collected firsthand for the specific research purpose. Direct interview is a primary method.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Which of the following is NOT a feature of the Wholesale Price Index (WPI) in India?

A. The current base year is 2011-12.

B. It is compiled by the Office of Economic Adviser.

C. It includes services like transport and healthcare.

D. It covers only goods.

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option C

Explanation:
WPI excludes services; it covers only goods.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs