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

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Which of the following is an example of qualitative classification?

A. Marks obtained by students

B. Number of students in different age groups

C. Height of students in classes 150-160 cm

D. Classification by blood group

Answer: Option D

Solution (By JKSSB Mock Tests)

Blood group is a non-numerical attribute, hence qualitative.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

Gross Reproduction Rate (GRR) of 1.0 means that, on average, each woman has:

A. One child

B. Two children

C. One son

D. One daughter

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Correct Answer: Option D

Explanation:
GRR counts only female births; GRR=1.0 indicates each woman has exactly one daughter on average, suggesting potential replacement of the female population if mortality is ignored.

This question belongs to: Accountancy and Statistics Statistics

Question #2

Paasche price index uses quantities of:

A. Current period

B. Base period

C. Any chosen period

D. Average of base and current

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Correct Answer: Option A

Explanation:
Paasche index uses current period quantities as weights.

This question belongs to: Accountancy and Statistics Statistics

Question #3

In the construction of Index Numbers, Geometric Mean is considered better than Arithmetic Mean because:

A. It ignores zero values

B. It fails the time reversal test

C. It is easier to calculate

D. It gives equal weight to equal percentage changes

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Correct Answer: Option D

Explanation:
GM balances out massive price swings better than AM because it treats a doubling (200%) and a halving (50%) equally.

This question belongs to: Accountancy and Statistics Statistics

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