Statistical Representation of DataPYQ Jan 26Question 4581 of 295
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According to the ______, if a sample of fairly large size is drawn from the population under discussion at random, then on an average the sample would possess the characteristics of that population.

Options

APrinciple of Inertia
BPrinciple of Optimization
CLaw of Statistical Regularity
DPrinciple of Validity
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Correct Answer

✅ Option c — Law of Statistical Regularity

All Options:

  • APrinciple of Inertia
  • BPrinciple of Optimization
  • CLaw of Statistical Regularity
  • DPrinciple of Validity

Detailed Solution & Explanation

The **Law of Statistical Regularity** is a fundamental principle in statistics derived from the mathematical theory of probability. It states that if a moderately large number of items are chosen at random from a large group (population), they are almost sure to possess the characteristics of the large group on average.
Let us evaluate the options: - **Principle of Inertia (of Large Numbers)** states that larger database samples are more stable than smaller ones. - **Law of Statistical Regularity** states that a random sample represents the characteristics of its parent population. Hence, **Option C** 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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