Organisation of DataClass 11 Statistics For Economics NCERT Solutions

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Q1EXERCISES

Which of the following alternatives is true?

(i)

The class midpoint is equal to:

(a)
The average of the upper class limit and the lower class limit.
(b)
The product of upper class limit and the lower class limit.
(c)
The ratio of the upper class limit and the lower class limit.
(d)
None of the above.
(ii)

The frequency distribution of two variables is known as

(a)
Univariate Distribution
(b)
Bivariate Distribution
(c)
Multivariate Distribution
(d)
None of the above
(iii)

Statistical calculations in classified data are based on

(a)
the actual values of observations
(b)
the upper class limits
(c)
the lower class limits
(d)
the class midpoints
(iv)

Range is the

(a)
difference between the largest and the smallest observations
(b)
difference between the smallest and the largest observations
(c)
average of the largest and the smallest observations
(d)
ratio of the largest to the smallest observation

Solution

(i) The correct alternative is (a) The average of the upper class limit and the lower class limit. As stated in the chapter, the formula for the class midpoint is: Class Mid-Point = (Upper Class Limit + Lower Class Limit) / 2.
(ii) The correct alternative is (b) Bivariate Distribution. The chapter defines a Bivariate Frequency Distribution as the frequency distribution of two variables, such as sales and advertisement expenditure.
(iii) The correct alternative is (d) the class midpoints. The chapter explains under the 'Loss of Information' section that once data is grouped into classes, further statistical calculations are based on the class mark (midpoint), not the individual observations.
(iv) The correct alternative is (a) difference between the largest and the smallest observations. The chapter defines the range as the difference between the largest and the smallest values of a variable when discussing how to determine the number of classes.