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Organisation of Data — Economics STD 11 Commerce — Question

CBSE BoardEnglish MediumSTD 11 CommerceEconomicsOrganisation of Data1 Mark
Question
State the characteristics of an ideal classification of data.
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Answer

The characteristics of an ideal classification of data are:
  1. It should be clear and simple.
  2. It should be stable.
  3. It should be flexible.
  4. It should be comprehensive, so that each and every data gets represented through a group or class.
  5. It should be suitable to the objectives of the statistical enquiry.
  6. The data classified in a class should be homogeneous.

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