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Statistics Revision Worksheet

This document provides a revision worksheet covering topics in statistics including: 1) Definitions of economics, economic and non-economic activities, and Adam Smith's definition of economics. 2) The meaning of statistics in singular and plural form and limitations of statistics. 3) Distinguishing between qualitative and quantitative analysis and functions of statistics. 4) The importance of statistics in business, economic planning, and studying economics. 5) Essentials of tables, types of tables, and examples of tabulating data. 6) Advantages of diagrammatic presentation, limitations, and examples constructing diagrams from data.

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88 views2 pages

Statistics Revision Worksheet

This document provides a revision worksheet covering topics in statistics including: 1) Definitions of economics, economic and non-economic activities, and Adam Smith's definition of economics. 2) The meaning of statistics in singular and plural form and limitations of statistics. 3) Distinguishing between qualitative and quantitative analysis and functions of statistics. 4) The importance of statistics in business, economic planning, and studying economics. 5) Essentials of tables, types of tables, and examples of tabulating data. 6) Advantages of diagrammatic presentation, limitations, and examples constructing diagrams from data.

Uploaded by

kaashvi goyal
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Revision Worksheet

Statistics (Chapters 1,2,5,6,7,8)

1. Discuss the main characteristics of scarcity definition of economics.


2. Briefly discuss the meaning of economic and non-economic activities.
3. Explain briefly the definition of economics as given by Adam Smith.
4. Briefly discuss the most accepted definition of economics.
5. Explain the meaning of statistics in the singular sense and the plural sense.
6. Mention any three limitations of statistics.
7. Distinguish between qualitative and quantitative analysis.
8. Explain three functions of statistics.
9. Discuss the importance of statistics in business and economic planning.
10. How is statistics important for studying economics?
11. Discuss the essentials of a good table.
12. What is meant by tabulation? Discuss its objectives in brief.
13. Write notes on general purpose table and special purpose table.
14. Discuss the difference between a simple table and a complex table with the help of an
example.

15. Tabulate the given information:


 In 2010, out of a total of 1500 applicants in a college, 900 were from Commerce
background. The number of girls was 600, out of which 230 were from Science
stream.
 In 2011, the total number of applicants was 2500 of which 1800 were boys. The
number of students from Science stream was 1600 of which 450 were girls.

16. Mention three advantages of diagrammatic presentation.

17. Explain in brief, the limitations of diagrammatic presentation.

18. Represent the data relating to the cost of production in a factory by means of percentage
bar diagram:
Cost (Rs in ‘000) Items
A B C
Raw materials 75 55 60
Wages 45 30 25
Factory overheads 15 10 30
Office overheads 5 15 5

19. From the following data of imports of a firm, prepare a suitable diagram (broken bar
diagram):
Year 2003 2004 2005 2006 2007
Imports (Rs in lakhs) 15 22 34 170 25

20. Represent the following data with the help of pie diagram.
Items Rent Food Clothing Transportation Recreation Savings Others
Expenditure in percentage 20 25 22 15 8 6 4

21. What is the difference between ‘less than’ and ‘more than’ ogive curves?
22. Distinguish between histogram and bar diagram.

23. Mention three merits of graphic presentation.

24. Discuss the limitations of graphic presentation.

25. Construct a histogram and frequency polygon with the following data:
Class interval 0-20 20-30 30-40 40-60 60-100
Frequency 10 4 6 14 16

26. Draw a ‘less than’ and ‘more than’ ogive from the following distribution:
Profit) (Rs in lakhs) 10-20 20-30 30-40 40-50 50-60 60-70
No. of companies 4 7 10 20 17 2

27. Find mean for the following data by using: i) Direct method, ii) Short-cut method, iii)
Step deviation method:
X 100-200 200-300 300-400 400-500 500-600
Y 10 18 12 20 40

28. Find the average marks from the following table:


Marks No. of students
Below 10 25
Below 20 40
Below 30 60
Below 40 75
Below 50 95
Below 60 125
Below 70 190
Below 80 240

29. The mean weight of 150 students in a class is 60 kg. The mean weight of boys in the class
is 70 kg and that of girls is 55 kg. Find the number of boys and girls in the class.

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