Which of the following is a merit of secondary data? MCQ with Answer and Explanation

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Which of the following is a merit of secondary data?

A. Saves time and cost

B. Originality

C. Specific to research objectives

D. High accuracy

Answer: Option A

Solution (By JKSSB Mock Tests)

Secondary data is already available, saving the time and expense of collection.

This question belongs to: Accountancy and Statistics Statistics

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Practice More Statistics Questions

Question #1

If P(A∩B) = P(A)P(B), then events A and B are:

A. Independent

B. Exhaustive

C. Equally likely

D. Mutually exclusive

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Correct Answer: Option A

Explanation:
That is the defining condition for statistical independence.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Assertion (A): Median is better than Mean for skewed distributions. Reason (R): Median is entirely immune to extreme values.

A. A is true but R is false

B. Both A and R are true but R is NOT the correct explanation

C. Both A and R are true and R is the correct explanation

D. A is false but R is true

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Correct Answer: Option C

Explanation:
Median is a positional average based on rank, so an extreme outlier does not shift the median's location.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Assertion (A): The population of India is increasing but the decadal growth rate has declined between 2001-2011 compared to 1991-2001. Reason (R): The total fertility rate in India has been declining. Choose the correct option:

A. A is true, R is false

B. A is false, R is true

C. Both A and R are true, and R is the correct explanation of A

D. Both A and R are true, but R is not the correct explanation of A

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Correct Answer: Option C

Explanation:
The decadal growth rate declined from 21.54% to 17.64%, and this is largely due to falling fertility. R explains A.

This question belongs to: Accountancy and Statistics Statistics

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