Topics: CH-3: Organisation of Data, NCERT Books, Statistics for Economics

Maximum Value in Household Expenditure Data

Question

From the monthly household food expenditure data (Table 3.2), what is the maximum expenditure recorded?

Select an answer

From the monthly household food expenditure data (Table 3.2), what is the maximum expenditure recorded?

  1. Rs 1007
  2. Rs 3676
  3. Rs 5090 — Correct Answer
  4. Rs 4439
Explanation:
Correct Answer Explanation

The maximum expenditure in the monthly food expenditure data (Table 3.2) is Rs 5090.

Key Points:
  • Maximum: Rs 5090
  • Minimum: Rs 1007
  • Range = 5090 − 1007 = Rs 4083
  • This data is for 50 households — an example of raw unclassified data.
  • It's difficult to ascertain average expenditure from raw data — classification is needed.

📚 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.

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