Which of the following data collection methods is most suitable when the area of investigation is large and funds are limited? MCQ with Answer and Explanation

Which of the following data collection methods is most suitable when the area of investigation is large and funds are limited?
A. Observation method
B. Schedule through enumerators
C. Direct personal interview
D. Mailed questionnaire
Answer: Option D
Solution (By JKSSB Mock Tests)
Mailed questionnaire is economical and can cover a wide area with limited resources.

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Practice More Statistics Questions

Question #1
If the probability that a student passes Mathematics is 0.7, passes English is 0.6, and passes both is 0.4, what is the probability that the student passes at least one subject?
A. 0.7
B. 0.9
C. 0.8
D. 1.0

Correct Answer: Option B


Explanation:
P(Math ∪ English) = P(Math) + P(English) - P(both) = 0.7 + 0.6 - 0.4 = 0.9. This uses the addition theorem to avoid double-counting students who pass both.

This question belongs to: Accountancy and Statistics Statistics
Question #2
If attributes A and B are independent, the expected frequency of (αβ) is:
A. (α)×(β)/N
B. (α)×(β)/N²
C. (A)×(B)/N
D. Observed (αβ)

Correct Answer: Option A


Explanation:
Under independence, each cell frequency equals product of margins divided by N.

This question belongs to: Accountancy and Statistics Statistics
Question #3
Weighted mean is used when:
A. Data are qualitative
B. All observations are equal
C. Distribution is symmetric
D. Different observations have different importance

Correct Answer: Option D


Explanation:
Weighted mean assigns weights to reflect the varying importance of items.

This question belongs to: Accountancy and Statistics Statistics