The Ogive can be used for making
Options
AMedium term projection
BShort term projection
CLong term projection
DGroup frequency distribution
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Statistical Description of DataPYQ Sep 24Question 2714 of 295
All Questions Correct Answer
✅ Option d — Group frequency distribution
All Options:
- AMedium term projection
- BShort term projection
- CLong term projection
- DGroup frequency distribution
Detailed Solution & Explanation
An Ogive (cumulative frequency curve) is a graphical representation constructed from a grouped cumulative frequency distribution. In standard statistical curriculum and examination question banks (such as those of the CA Foundation), the core question asks about what the Ogive is constructed or used for in terms of presentation.
- Grouped frequency distributions can be represented in cumulative forms (either 'less than' or 'more than' type).
- By plotting these cumulative frequencies against the respective class boundaries, we construct an Ogive.
- Therefore, the Ogive is used in the context of and for making/representing a **grouped frequency distribution**.
Other options like short/medium/long-term projections refer to time-series forecasting, which is represented by time-series graphs (histograms or line charts of time series) rather than ogives. Hence, the correct choice is Option D.
Hence, **Option D** is the correct answer.
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