Statistical Representation of DataMCQMTP Nov 18Question 2651 of 295
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Statistics Analyses:

Options

AQualitative
BQuantitative
CEither Qualitative or Quantitative
DQuantitative and Qualitative
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Correct Answer

Option bQuantitative

All Options:

  • AQualitative
  • BQuantitative
  • CEither Qualitative or Quantitative
  • DQuantitative and Qualitative

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Detailed Solution & Explanation

Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of numerical data. Because its tools, formulas, and methodologies (such as calculating the arithmetic mean μ=1Ni=1Nxi\displaystyle \mu = \frac{1}{N}\sum_{i=1}^{N} x_i or standard deviation σ\displaystyle \sigma) require numerical inputs, statistics primarily analyses quantitative data. Qualitative attributes must be transformed into quantitative values (like ranks or binary codes) before any statistical analysis can occur. Thus, statistics analyses quantitative data. Hence, **Option B** 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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