Question
Match List - I and List - II and choose the correct answer from the code given :List - I (Concepts) List - II (Characteristic) (a) Descriptive Statistics (i) Process of generalizations (b) Inferential Statistics (ii) Development of certain indices from the raw data (c) Skewness (iii) Pointing to the nature of distribution of items in middle of series (d) Kurtosis (iv) Showing the manner in which items are clustered around the average
Code :
The correct answer is
(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)
Statistical Concepts and Characteristics Matching
Match the concepts in List-I with their corresponding characteristics in List-II.
| List-I (Concept) | List-II (Characteristic) | Explanation |
|---|---|---|
| (a) Descriptive Statistics | (i) Process of generalizations | Descriptive statistics summarize raw data, providing the foundation upon which generalizations are made. |
| (b) Inferential Statistics | (ii) Development of certain indices from the raw data | Inferential statistics utilizes indices derived from sample data to make inferences about a larger population. |
| (c) Skewness | (iii) Pointing to the nature of distribution of items in middle of series | Skewness measures asymmetry, affecting the central tendency measures (mean, median, mode) in the distribution's middle section. |
| (d) Kurtosis | (iv) Showing the manner in which items are clustered around the average | Kurtosis quantifies the peakedness or tail heaviness of a distribution relative to the average, indicating data clustering. |
Final Matched Pairs
The final matching according to the provided correct answer is:
- (a) - (i)
- (b) - (ii)
- (c) - (iii)
- (d) - (iv)
Was this answer helpful?
Important Questions from Business Statistics and Research Methods
- When one variable is Qualitative and another variable is Quantitative, which measure will be used for finding covariation between them ?
- Regression analysis is done to measure :
Need Expert Advice?
