Meaning of Statistical Enquiry

What is Statistical Enquiry?

Statistical enquiry means statistical examination. The person who conducts an investigation is referred to as an investigator. The investigator requires the help of an enumerator who gathers data and a respondent who gives the information about statistical examinations.

For example, gathering information about how many students have not cleared the MBA entrance exam and how they have not cleared the exam.

What is the Collection of Data?

Data collection is the systematic way of collecting and measuring data from different sources to get a comprehensive and detailed portrayal of an area of interest. It allows a person or company to answer as well as explain pertinent questions, assess results, and make forecasts about future possibilities and trends.

Accurate data collection is crucial in maintaining the uprightness of research, making versed business choices, and guaranteeing quality assurance.

Also Check: Difference Between Primary Data And Secondary Data

Sources of Data

Statistical data can be collected from two sources. The researcher may accumulate the data by conducting an enquiry, namely,

  1. Primary data
  2. Secondary data

 

Multiple choice questions:
Q.1. What are the sources of data?
a. Internal source

b. External source

c. Both (a) and (b)

d. None of the above

Q.2. __________ is the first step of investigating data.
a. Interpretation of data

b. Collection of data

c. Organising of data

d. Presentation of data

Q.3. Annual report on the profit and loss accounts is a __________ source of collecting data.
a. Internal source

b. External source

c. Both (a) and (b)

d. None of the above

 

Answer key
1 – c, 2 – b, 3 – a

 

The above-mentioned concept is for CBSE class 11 Statistics for Economics – Meaning of Statistical Enquiry, Meaning of Collection of Data, and Sources of Data. For solutions and the syllabus, visit our website or download the app for more information and the best learning experience.

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