Statistical Representation of DataMCQPYQ Nov 20Question 2615 of 295
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The average of salaries in a factory is 47,000\displaystyle 47,000. The statement that the average salary 47,000\displaystyle 47,000 is

Options

ADescriptive Statistics
BInferential
CDetailed
DUndetailed
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Correct Answer

Option aDescriptive Statistics

All Options:

  • ADescriptive Statistics
  • BInferential
  • CDetailed
  • DUndetailed

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Detailed Solution & Explanation

Descriptive statistics is a branch of statistics that deals with summarizing and describing the features of a given dataset, such as calculating the mean, median, mode, or range. When we calculate the average of salaries in a factory and state it as 47,000\displaystyle 47,000, we are directly summarizing and describing the data of the employees within that factory without drawing any external inferences or generalizations about a larger population. In contrast, inferential statistics involves using sample data to make predictions or decisions about a larger population. Therefore, this statement is classified as descriptive statistics. Even though some keys erroneously list Option B (Inferential), the conceptually correct choice is Option A. Hence, **Option A** is the correct answer.

About This Chapter: Statistical Representation of Data

Paper

Paper 3: Quantitative Aptitude

Weightage

2-4 Marks

Key Topics

Data, Frequency Distribution, Graphical Representation

This chapter covers Data, Frequency Distribution, Graphical Representation and is part of Paper 3: Quantitative Aptitude in the CA Foundation exam.

View Official ICAI Syllabus

Exam Strategy Tip

This topic carries 2-4 Marks weightage. Focus on understanding core concepts rather than memorizing.

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