Statistical Representation of DataMCQMTP Nov 18Question 2650 of 295
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The technique of graphic presentation is extremely helpful in which of the following

Options

AAnalysing the changes at different points of time
BAnalysing cause and effect relationship
CAnalysing proportional relationship
DAnalysing the degree of relationship
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Correct Answer

Option aAnalysing the changes at different points of time

All Options:

  • AAnalysing the changes at different points of time
  • BAnalysing cause and effect relationship
  • CAnalysing proportional relationship
  • DAnalysing the degree of relationship

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Detailed Solution & Explanation

Graphic presentation of data involves representing statistical data in the form of graphs, charts, or diagrams. This technique is extremely helpful for visualizing trends, patterns, and fluctuations over time. By plotting data points representing a variable yt\displaystyle y_t against a time axis t\displaystyle t, it becomes easy to analyze changes at different points of time, such as tracking growth, seasonal variations, or long-term trends. For example, in a time-series graph, the coordinate (t,yt)\displaystyle (t, y_t) is plotted to observe the trend function y=f(t)\displaystyle y = f(t). Other options like cause-and-effect or degree of relationship are better analyzed using specific statistical tools like regression or correlation coefficient r\displaystyle r. 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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