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<SOMC > Question Bank - Statistical Techniques for Management

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<SOMC > Question Bank - Statistical Techniques for Management

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Questions and Answers

When is Statistics Day celebrated in India?

Statistics Day is celebrated in India on June 29th.

Who is the father of Indian Statistics?

Prasanta Chandra Mahalanobis is considered the father of Indian Statistics.

Differentiate between primary data and secondary data.

Primary data is collected firsthand from original sources, while secondary data is obtained from published or unpublished sources.

What is the importance of Statistics? Explain.

<p>Statistics is important as it helps in making informed decisions, analyzing trends, and drawing conclusions based on data.</p> Signup and view all the answers

Differentiate between Histogram and Frequency polygon.

<p>A histogram is a graphical representation of data using bars, while a frequency polygon is a line graph representing the frequencies of different values.</p> Signup and view all the answers