Statistical Representation of DataMCQMTP Dec 22 Series IIQuestion 2750 of 295
All Questions AQuartiles
BDeciles
CMedian
DAll of these
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Correct Answer
✅ Option d — All of these
All Options:
- AQuartiles
- BDeciles
- CMedian
- DAll of these
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Detailed Solution & Explanation
An Ogive is a graphical curve representing cumulative frequency distribution. It plots cumulative frequency against class boundaries.
Because cumulative frequency allows us to determine the value below which a certain percentage of observations fall, it is used to calculate all partition values (also known as quantiles):
1. **Median**: The value corresponding to of the data ().
2. **Quartiles**: Values that partition the data into four equal parts ( at , at , and at which is the median).
3. **Deciles**: Values that partition the data into ten equal parts ( to ).
4. **Percentiles**: Values that partition the data into a hundred equal parts.
All of these partition values can be read directly from the Ogive by finding the corresponding cumulative frequency on the y-axis and projecting it to the x-axis. Therefore, it is used for finding all of these.
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 SyllabusExam Strategy Tip
This topic carries 2-4 Marks weightage. Focus on understanding core concepts rather than memorizing.
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