Statistical Representation of DataMCQMTP May 18Question 2656 of 295
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Statistics is concerned with

Options

AQualitative information
BQuantitative information
Ca or b
DBoth a & b
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Correct Answer

Option dBoth a & b

All Options:

  • AQualitative information
  • BQuantitative information
  • Ca or b
  • DBoth a & b

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Detailed Solution & Explanation

Statistics, in its modern application, is concerned with both qualitative and quantitative information. While quantitative information consists of variables that can be measured numerically (such as salary, height, or temperature), qualitative information consists of attributes (such as gender, intelligence, or blood group) that cannot be directly measured. However, qualitative attributes can be coded, ranked, or converted into numerical frequencies to perform statistical analyses (such as chi-square tests or Spearman's rank correlation coefficient ρ\displaystyle \rho). Thus, both types of data fall within the scope of statistics. Hence, **Option D** 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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