Question
Explain the following objectives of tabulation of data.
- To simplify complex data.
- To compute statistical averages.
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| Output (Units) | Total Revenue (₹) | Total Cost (₹) | Profit (₹) |
| 1 | 6 | 8 | - |
| 2 | - | 9 | - 1 |
| 3 | 10 | - | 0 |
| 4 | 12 | 11 | - |
| 5 | 14 | 8 | - |
| Price (₹) | $SS _1$ (Units) | $SS _2$ (kg) |
| 0 | 0 | 0 |
| 1 | 0 | 0 |
| 2 | 0 | 0 |
| 3 | 1 | 0 |
| 4 | 2 | 0.5 |
| 5 | 3 | 1 |
| 6 | 4 | 1.5 |
| 7 | 5 | 2 |
| 8 | 6 | 2.5 |
| Q | 0 | 1 | 2 | 3 | 4 | 5 | 6 |
| TC | 10 | 30 | 45 | 55 | 70 | 90 | 120 |