Numerical Indices in Statistics

Question

Which of the following is NOT mentioned as a numerical index used to summarise data?

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Question (English)

Which of the following is NOT mentioned as a numerical index used to summarise data?

  1. Mean
  2. Variance
  3. Standard deviation
  4. Correlation coefficient ✓ Correct
Explanation:
Correct Answer Explanation

Correlation coefficient is not specifically mentioned as a summarisation index. The indices mentioned are mean, variance, and standard deviation.

Key Points:
  • Data is summarised by calculating numerical indices.
  • These represent broad characteristics of the collected data.
  • Example: average income summarises income data of many people.
Why Other Options Are Wrong
  • A (Mean), B (Variance), C (Standard Deviation): All are specifically mentioned as summarisation tools.

📚 About this Topic — CH-1: Introduction

This multiple choice question is from CH-1: Introduction, NCERT Books, Statistics for Economics. It has 4 options with a detailed explanation of the correct answer. Practice more MCQs from CH-1: Introduction to strengthen your preparation.

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