Data Collection Importance and Methods
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Questions and Answers

What is the first step after the data has been clarified and revised?

  • Tabulations for refining the data
  • Presentation in a tabular form
  • Classification based on common characteristics (correct)
  • Collection of data
  • Which method is NOT mentioned as a common way of presenting data?

  • Bar graphs
  • Histograms
  • Frequency distributions (correct)
  • Pie charts
  • What is the purpose of tabulations in the analysis of data?

  • Omit crucial data points
  • Create complex data visualizations
  • Enhance clarity of data characteristics (correct)
  • Introduce errors in data processing
  • If an investigator wants to analyze the effectiveness of leaders in an organization, which method might be utilized?

    <p>Questionnaire method for data collection</p> Signup and view all the answers

    Why is it crucial to exercise proper care in the first step of data collection?

    <p>To create a reliable foundation for further analysis</p> Signup and view all the answers

    What distinguishes the primary data source from the secondary data source?

    <p>Primary sources are collected explicitly based on research objectives</p> Signup and view all the answers

    Why is it necessary to organize and edit collected data?

    <p>To avoid missing values and irrelevant answers</p> Signup and view all the answers

    What is a critical consideration when using secondary sources of data?

    <p>Care should be taken to test reliability and suitability</p> Signup and view all the answers

    How does statistics play a role in quality management in operations and supply chain management?

    <p>By supporting quality control through random selection of items from lots</p> Signup and view all the answers

    What is the primary purpose of using statistics in the auditing process in accounting?

    <p>To verify vouchers or bills with transactions shown in ledgers and journals</p> Signup and view all the answers

    How do auditors detect frauds and mistakes using statistics in the auditing process?

    <p>By randomly sampling vouchers and statements from registers</p> Signup and view all the answers

    What role does statistics play in data collection, summarization, and presentation?

    <p>Ensuring proper data collection and organization</p> Signup and view all the answers

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