Which part of a statistical table provides an explanation of the abbreviations or symbols used in the table? MCQ with Answer and Explanation

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Which part of a statistical table provides an explanation of the abbreviations or symbols used in the table?

A. Headnote

B. Title

C. Footnote

D. Stub

Answer: Option C

Solution (By JKSSB Mock Tests)

Footnotes are placed at the bottom of the table to clarify any specific entries, symbols, or abbreviations.

This question belongs to: Accountancy and Statistics Statistics

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Question #1

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A box has 2 red, 3 blue, 5 green balls. Probability of drawing a green ball is:

A. 1/2

B. 2/5

C. 3/10

D. 5/10

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Correct Answer: Option D

Explanation:
Total balls = 10, green = 5, probability = 5/10 = 1/2. But option B says 5/10, which is the same. So B is correct.

This question belongs to: Accountancy and Statistics Statistics

Question #2

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Data consistency in the theory of attributes requires that:

A. Ultimate class frequencies must be positive or zero

B. All class frequencies must equal N

C. Both A and C

D. No class frequency can be negative

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Correct Answer: Option C

Explanation:
For data to be consistent, no ultimate (or any) class frequency can be less than zero.

This question belongs to: Accountancy and Statistics Statistics

Question #3

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A fixed base index number series is one where:

A. Weights change every period

B. All periods are compared to a single fixed base period

C. The base period changes every year

D. Only geometric mean is used

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Correct Answer: Option B

Explanation:
In fixed base method, a particular year is chosen as base and all other years are compared to it.

This question belongs to: Accountancy and Statistics Statistics

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