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Business Analysis and Techniques Tutorial 01: Data Classification

1. This document discusses various methods for classifying and analyzing data, including qualitative and quantitative methods. 2. It also covers topics like frequency distributions, class intervals, histograms, and calculating things like cumulative frequencies. Different types of variables are classified as continuous, discrete, or measuring variables. 3. Guidelines are provided for determining the appropriate number of classes in a frequency distribution based on factors like the size of the data set. Other statistical concepts discussed include measures of central tendency, probability, and interpreting the results of statistical analysis.

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Shekhar Singh
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77 views1 page

Business Analysis and Techniques Tutorial 01: Data Classification

1. This document discusses various methods for classifying and analyzing data, including qualitative and quantitative methods. 2. It also covers topics like frequency distributions, class intervals, histograms, and calculating things like cumulative frequencies. Different types of variables are classified as continuous, discrete, or measuring variables. 3. Guidelines are provided for determining the appropriate number of classes in a frequency distribution based on factors like the size of the data set. Other statistical concepts discussed include measures of central tendency, probability, and interpreting the results of statistical analysis.

Uploaded by

Shekhar Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Business Analysis and Techniques

Tutorial 01: Data Classification


1. Which of following methods is an accurate method of 11. Frequencies in a relative frequency distribution are
classifying data? represented in terms of
A. qualitative methods A. fractions
B. quantitative methods B. percentages
C. both (a) and (b) C. both (a) and (b)
D. A method in accordance with the information D. whole numbers
available.
12. As the number of observations and classes increase, the
2. Which of the following findings is not a correlation? shape of the frequency polygon
A. As download prices increase sales will decrease A. remains unchanged
B. As time spent revising increase the number of fails will B. tend to become jagged
decrease C. tend to become smooth
C. Women scored higher than men on self-importance D. none of these
D. As temperature increases ice-cream sales will also
increase 13. A graph of a cumulative frequency distribution is called
3. Advantages of ordered array is/are A. Ogive
A. Quick look at the range of numbers. B. frequency polygon
B. Dividing the data into various sections. C. frequency curve
C. Identify whether any value appears more than once D. pie diagram
in array. 14. Type of variable which can take fixed integer values is
D. All of these. classified as
4. The upper limit of class intervals is considered for A. flowchart variable
calculating the B. discrete variable
A. ‘less than’ cumulative frequency C. continuous variable
B. ‘more than’ cumulative frequency D. measuring variables
C. relative frequency
D. none of these 15. Histograms, pie charts and frequency polygons are all types
of
5. The lower limit of class intervals in considered for A. one dimension diagrams
calculating the B. two dimension diagrams
A. ‘less than’ cumulative frequency C. cumulative diagrams
B. ‘more than’ cumulative frequency D. dispersion diagrams
C. relative frequency
D. none of these 16. Histograms and pie charts are classified as one dimensional
diagrams because only
6. In inclusive class intervals of a frequency distribution A. length is considered
A. upper limit of each class interval is included B. width is considered
B. lower limit of each class interval is included C. length plus width is considered
C. both (a) and (b) D. breadth is considered
D. none of these
17. What is the first stage in statistics?
7. In exclusive class intervals of a frequency distribution A. Summarize data
A. upper limit of each class interval is excluded B. Identify the group of people to be studied
B. lower limit of each class interval is excluded C. Organize data
C. both (a) and (b) D. Collect data
D. none of these
18. Why must you review the materials produced using
8. The number of classes in any frequency distribution statistics?
depends upon A. To prove something is true
A. size of the data set B. To draw conclusions and attempt to answer the
B. size of the population researcher's question/hypothesis
C. range of observations in the data set C. To organize data
D. all of these D. To identify the group to be studied
9. As a general rule, the number of classes in a frequency 19. What is probability?
distribution should be A. Correlation
A. less than five B. The likelihood that your results are true
B. between five and fifteen C. The dispersion of the data
C. between fifteen and twenty D. The likelihood that something occurs due to chance
D. more than twenty
20. Which of these measures can be used to present an
10. Variables whose measurement is done in terms such as average for data?
weight, height and length are classified as Standard deviation, range and mean
A. Continuous Variables A. Mean, median and mode
B. Measuring variables B. Alpha, mean and mode
C. Flowchart variables C. Mean, beta and normal distribution
D. Discrete variables D. Median, range, normal distribution

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