Important Questions with Answers for Use of Statistical Tools which is drafted by expert commerce teachers from the latest version of CBSE (NCERT) books.
Important Questions – Use of Statistical Tools
Name five statistical methods that are used in developing a project.
Answer: The five statistical methods in developing a project are as follows:
- Collection of data
- Classification of data
- Presentation of data
- Analysis of data
- Interpretation of data
What are the steps to prepare a project report on consumer awareness?
Answer: The steps to prepare a project report on consumer awareness are as follows:
- Designing a questionnaire
- Framing a sample
- Collecting data
- Classifying data
- Presenting data
- Analysing data
- Interpreting data
What do you mean by demographics?
Answer: Demographics is a study of the characteristics of the human population, such as growth, size, distribution, density, and vital statistics.
Explain demographic structure.
Answer: Demographic structure describes the age distribution of a population or variations in proportions of the population in different age groups from year to year.
Name the items variables included in the demographic structure.
Answer: The variables included in the demographic structure are as follows:
- Population size
- Age structure
- Birth rate
- Death Rate
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Also check: Statistics MCQs