Which of the following is an example of chronological classification? MCQ with Answer and Explanation

Question

Share Report Error

Which of the following is an example of chronological classification?

A. Data arranged by income group

B. Data arranged by gender

C. Data arranged by state

D. Data arranged by year

Answer: Option D

Solution (By JKSSB Mock Tests)

Arranging data according to time of occurrence is chronological classification.

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

The arithmetic mean of 10, 20, 30, 40, 50 is:

A. 25

B. 30

C. 35

D. 40

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
Sum = 150, number = 5, mean = 150/5 = 30.

This question belongs to: Accountancy and Statistics Statistics

Question #2

The Paasche index is likely to understate price rise because:

A. It is unweighted

B. It uses geometric mean

C. It uses base year quantities

D. It uses current year quantities, reflecting substitution

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option D

Explanation:
Substitution away from goods whose prices rose relatively reduces their weight, leading to underestimation.

This question belongs to: Accountancy and Statistics Statistics

Question #3

Wholesale Price Index (WPI) in India currently uses which base year?

A. 2020-21

B. 2011-12

C. 2015-16

D. 2004-05

View Answer & Solution Discuss

Get Complete Subject PDF for Accountancy and Statistics

Correct Answer: Option B

Explanation:
As of recent revisions, India's WPI uses 2011-12 as the base year (index=100), updated periodically by the Office of Economic Advisor, Ministry of Commerce and Industry.

This question belongs to: Accountancy and Statistics Statistics

Explore All Statistics MCQs