Answer : Option AExplaination / Solution:
The Range is the difference between the lowest and highest values. To find the range, first order the data from least to greatest. Then subtract the smallest value from the largest value in the set.
Q2.The frequency distribution of two variables is known as
Answer : Option CExplaination / Solution:
Bivariate distribution is the combined probability distribution of two randomly different variables. Normally, these can be plotted graphically on x and y axes so their relationship can be analyzed and any relevant causal effect can be identified. This type of data analysis is useful in risk management.
Q4.Orderly arrangement of data ultimately takes the shape of a
Answer : Option DExplaination / Solution:
A frequency distribution is a table that displays the frequency of various outcomes in a sample. Each entry in the table contains the frequency or count of the occurrences of values within a particular group or interval, and in this way, the table summarizes the distribution of values in the sample.
Q6.How many classes a frequency distribution should have
Answer : Option BExplaination / Solution:
A frequency distribution is a table that displays the frequency of various outcomes in a sample. Each entry in the table contains the frequency or count of the occurrences of values within a particular group or interval, and in this way, the table summarizes the distribution of values in the sample. Too many classes or too few classes might not reveal the basic shape of the data set, also it will be difficult to interpret such frequency distribution.
Q8.Arrangement of data according to some logical order is termed as
Answer : Option CExplaination / Solution:
When the data is presented in some specific order and sequence it is called as a statistical series. An ordered sequence of data samples in numerical form used to predict or demonstrate trends through time and space is called statistical series
Answer : Option DExplaination / Solution:
Data classification is the process of organizing data into categories for its most effective and efficient use. A well-planned data classification system makes essential data easy to find and retrieve. This can be of particular importance for risk management, legal discovery, and compliance.
Answer : Option AExplaination / Solution:
A Comprehensive Data Definition refers to a formal data definition that provides a complete, meaningful, easily read, readily understood definition explaining the content and meaning of data.
Total Question/Mark :
Scored Mark :
Mark for Correct Answer : 1
Mark for Wrong Answer : -0.5
Mark for Left Answer : 0