In data tabulation, 'footnotes' are used to: MCQ with Answer and Explanation

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In data tabulation, 'footnotes' are used to:

A. Increase table size

B. Replace column headings

C. Explain abbreviations, sources, or exceptions not clear in the table body

D. Display raw data

Answer: Option C

Solution (By JKSSB Mock Tests)

Footnotes provide essential clarifications, source attributions, or methodological notes that enhance table interpretability without cluttering the main data presentation.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

If (AB)=(A)(B)/N, the attributes are:

A. Positively associated

B. Negatively associated

C. Independent

D. Complete association

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Correct Answer: Option C

Explanation:
That equation is the condition for independence of attributes.

This question belongs to: Accountancy and Statistics Statistics

Question #2

If P(A) = 0.4, P(B) = 0.5, and A and B are independent events, what is P(A ∪ B)?

A. 0.1

B. 0.9

C. 0.7

D. 0.2

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Correct Answer: Option C

Explanation:
For independent events, P(A ∩ B) = 0.4 × 0.5 = 0.2. Using the addition theorem: P(A ∪ B) = 0.4 + 0.5 - 0.2 = 0.7.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Base shifting in index numbers is commonly done when:

A. Calculating geometric means

B. Switching from WPI to CPI

C. The base year becomes too old and irrelevant

D. Prices have dropped significantly

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Correct Answer: Option C

Explanation:
As consumption patterns change over time, old base years lose relevance, requiring 'base shifting' to a more recent period.

This question belongs to: Accountancy and Statistics Statistics

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