Yearly Sales Classification

Yearly sales data of a shop from 1995 to 2000 is an example of which classification?

Correct Answer Explanation

Yearly sales data is an example of temporal classification because the classifying variable is time (years).

Key Points:

• Years 1995, 1996, 1997, 1998, 1999, 2000 represent time periods.
• The classifying characteristic is sales in a year, taking values in the scale of time.
• Temporal classification helps study trends and patterns over time.
• Time series data commonly uses this classification method.

Why Other Options Are Wrong

• A. Spatial: Would require different places, not time periods.
• C. Qualitative: Years are time variables, not qualitative attributes.
• D. Quantitative: Though sales values are quantitative, the classification is by time.