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

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

A. Primary data

B. Meta data

C. Secondary data

D. Raw data

Answer: Option C

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

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Practice More Statistics Questions

Question #1

Conditional probability P(A|B) is defined only when:

A. A and B are mutually exclusive

B. P(B) > 0

C. P(A) > 0

D. A and B are independent

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Correct Answer: Option B

Explanation:
The definition P(A|B) = P(A∩B)/P(B) requires P(B) > 0.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Which data collection method is highly prone to the 'bias of the enumerator'?

A. Both B and C

B. Schedules sent through enumerators

C. Mailed Questionnaire

D. Direct Personal Interview

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Correct Answer: Option A

Explanation:
In direct interviews and schedules, the enumerator is physically present and their personal bias or probing style can influence the responses.

This question belongs to: Accountancy and Statistics Statistics

Question #3

If a data set has a median of 50, it means:

A. 50 is the average

B. 50 is the most frequent value

C. All values are above 50

D. 50 is the midpoint of the ordered data

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Correct Answer: Option D

Explanation:
Median is the middle value when data are arranged in order; half the values are below and half above it.

This question belongs to: Accountancy and Statistics Statistics

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