The classification that arranges data according to time is called: MCQ with Answer and Explanation

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The classification that arranges data according to time is called:

A. Quantitative classification

B. Chronological classification

C. Geographical classification

D. Qualitative classification

Answer: Option B

Solution (By JKSSB Mock Tests)

Chronological classification groups data by time periods (e.g., yearly sales).

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

The cost of living index is used for:

A. Measuring stock performance

B. Adjusting wages to maintain purchasing power

C. Measuring industrial output

D. Calculating national income

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Correct Answer: Option B

Explanation:
It tracks changes in the cost of a fixed basket, used for wage indexation.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The census in India is conducted every:

A. 5 years

B. 10 years

C. 12 years

D. 7 years

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Correct Answer: Option B

Explanation:
India’s decennial census occurs every 10 years.

This question belongs to: Accountancy and Statistics Statistics

Question #3

In a set of 10 values, the sum of deviations from 5 is 20 and from 6 is 10. The mean is:

A. 7

B. 8

C. 5.5

D. 6

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Correct Answer: Option A

Explanation:
Σ(x-5)=Σx -50=20 → Σx=70. Mean=7. Check: Σ(x-6)=70-60=10, correct.

This question belongs to: Accountancy and Statistics Statistics

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