The main purpose of classification is to: MCQ with Answer and Explanation

Question

Share Report Error

The main purpose of classification is to:

A. Reduce the bulk of data and bring out similarities

B. Make data look attractive

C. Remove all data

D. Increase the volume of data

Answer: Option A

Solution (By JKSSB Mock Tests)

Classification organizes data into homogeneous groups for analysis.

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

Share Report

The multiplication theorem for independent events states P(A ∩ B) = P(A) × P(B). For dependent events, it becomes:

A. Both B and C are correct

B. P(A|B) × P(B)

C. P(B|A) × P(A)

D. P(A) + P(B)

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
For any events, P(A∩B) = P(A|B)P(B) = P(B|A)P(A); independence is the special case where P(A|B)=P(A), reducing to P(A)P(B).

This question belongs to: Accountancy and Statistics Statistics

Question #2

Share Report

The heading of a column in a table is known as:

A. Caption

B. Title

C. Footnote

D. Stub

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option A

Explanation:
Caption or box-head provides headings for columns.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Share Report

If P(A)=0.4, P(B)=0.3, and A, B are mutually exclusive, then P(A∪B) is:

A. 0.1

B. 0.7

C. 0.12

D. 0.58

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
P(A∪B) = P(A)+P(B) = 0.4+0.3=0.7.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs