Sales Range in Bivariate Distribution
In the bivariate frequency distribution (Table 3.9), what is the range of sales (in lakh Rs) covered?
- 62–72 lakh Rs
- 115–175 lakh Rs — Correct Answer
- 100–200 lakh Rs
- 62–68 lakh Rs
Explanation:
Correct Answer Explanation
The sales (in lakh Rs) in the bivariate table range from 115 to 175 lakh Rs, covered in 6 column classes (115–125, 125–135, 135–145, 145–155, 155–165, 165–175).
Bivariate Table Structure:
- Columns (Sales): 115–125, 125–135, 135–145, 145–155, 155–165, 165–175 (in lakh Rs)
- Rows (Advertisement Expenditure): 62–64, 64–66, 66–68, 68–70, 70–72 (in thousand Rs)
- Total firms: 20
📚 About this Topic — CH-3: Organisation of Data
This multiple choice question is from CH-3: Organisation of Data, NCERT Books, Statistics for Economics. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-3: Organisation of Data to strengthen your preparation.