Statistics For Economics Chapter 9 Use Of Statistical Tools
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    NCERT Solution For Class 11 Statistics Statistics For Economics

    Use Of Statistical Tools Here is the CBSE Statistics Chapter 9 for Class 11 students. Summary and detailed explanation of the lesson, including the definitions of difficult words. All of the exercises and questions and answers from the lesson's back end have been completed. NCERT Solutions for Class 11 Statistics Use Of Statistical Tools Chapter 9 NCERT Solutions for Class 11 Statistics Use Of Statistical Tools Chapter 9 The following is a summary in Hindi and English for the academic year 2021-2022. You can save these solutions to your computer or use the Class 11 Statistics.

    Question 1
    CBSEENST11024715

    Write any three economic activities.

    Solution

    1. Banking, 2. Insurance and 3. Trade.

    Question 2
    CBSEENST11024716

    Write down the first step of preparing a project.

    Solution

    Identifying a problem.

    Question 3
    CBSEENST11024717

    What may be the areas of your interest? Write any three.

    Solution

    (i) Sale of car, (ii) Production of shoe-polish, and (iii) Production of bathing soap.

    Question 4
    CBSEENST11024718

    What is important for framing appropriate questions for a questionnaire?

    Solution

    The choice of identification of the target group is important for framing appropriate questions for a questionnaire.

    Question 5
    CBSEENST11024719

    What will be your target group of your project related to cars?

    Solution

    Our target group will mainly be the middle income and higher income groups for our project related to cars.

    Question 6
    CBSEENST11024720

    What are primary data?

    Solution

    Primary data are those data which are collected by the investigators himself for the first time for his own purpose.

    Question 7
    CBSEENST11024721

    What methods can be adopted for collecting primary data. Name these methods.

    Solution

    (i) Direct personal interview, (ii) Indirect personal interview, (iii) Information from correspondents, (iv) Mailed Questionnaire, (v) Questions filled by enumerator.

    Question 8
    CBSEENST11024722

    Write any three features of a good questionnaire?

    Solution

    (i) Questions should be simple and clear, (ii) Questions should be limited, (iii) Personal questions should be avoided.

    Question 9
    CBSEENST11024723

    What are secondary data?

    Solution

    Secondary data are those data which have been collected by some other individual organisations and not by the investigator himself. These data are available in the form of published or unpublished reports.

    Question 10
    CBSEENST11024724

    Write down the sources of secondary data.

    Solution

    The sources of secondary data are (a) Published sources (Govt. Publications), (b) Semi-government Publications, (iii) International Publications, (iv) Studies made by the Research Scholars.

    Question 11
    CBSEENST11024725

    When are secondary sources of data usually used?

    Solution

    Secondary sources of data are used when there is paucity of time, money and manpower and the required information is easily available.

    Question 12
    CBSEENST11024726

    What precautions should be taken while using secondary data?

    Solution

    The investigator should be assured of the reliability, adequacy and suitability of the data.

    Question 13
    CBSEENST11024727

    Name any three statistical tools.

    Solution

    (i) Arithmetic Mean, (ii) Mean deviation and (iii) Standard deviation.

    Question 14
    CBSEENST11024728

    What is a questionnaire?

    Solution

    A questionnaire is a list of questions prepared by an investigator on the subject of enquiry. The respondent is required to answer the questions.

    Question 15
    CBSEENST11024729

    Differentiate between Primary Data and Secondary Data.

    Solution

    Differences between Primary Data and Secondary Data:

    Basis of Difference

    Primary Data

    Secondary Data

    1. Definition

    1. They are collected for the first time.

    1. They have already been collected by some other persons.

    2. Accuracy

    2. They are accurate.

    2. They lack accuracy.

    3. Nature of Data

    3. They are in the form of raw data to which statistical methods are applied.

    3. They are in the form of finished products.

    4. Editing

    4. They do not require editing.

    4. They require editing.

    5. Time and money

    5. Collection of primary data requires a lot of time and money.

    5. They dp not require a lot of time and money.

    6. Precaution

    6. Precaution is not required in the use of primary data.

    6. Precautions are required in the use of secondary data.

    Question 16
    CBSEENST11024730

    Write down the essential qualities of a good questionnaire.

    Solution

    Essentials of a good questionnaire:Following are the essentials of a good questionnaire:

    1. Limited number of questions:The number of questions should be limited as far as possible. Normally fifteen to twenty questions are sufficient enough for making the required enquiry.

    2. Simplicity:The language of the questions should be simple and easily understandable. It should be clear and not vague. It should not convey two meanings.

    3. Logically arranged:The questions should be arranged logically. Ther should be a proper sequence of the questions.

    4. Related to the points:Questions should be related to the point. They should not be irrelevant.

    5. Avoiding personal questions:Personal questions should be avoided as far as possible. For example, questions about income, volume of sales etc. should not be asked.

    Question 17
    CBSEENST11024731

    Show the following data with the help of a bar-diagram. Through which media do the people know about the product?

    Solution

    Median Influence

    Advertisement

    Families influenced

    Television

    47

    Newspaper

    30

    Magazines

    20

    Cinema

    25

    Sales representative

    15

    Exhibits - Stall

    10

    Radio

    18

    Observation : Majority of people came to know about the product either through television or through newspaper.

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    Question 18
    CBSEENST11024732

    On the basis of the following information find out which types of air-conditioners are preferred by the people. Bases of preference are (i) Brand, (ii) Price, (iii) After sales service, and (iv) Technology.

    Table

    (in percentage)

    Awareness

    Name of the Company

    Videocon

    National

    Samsung

    L.G. Voltas

    Others

    Brand

    24

    10

    20

    18 8

    9

    Price

    25

    5

    12

    28 9

    5

    After sale service

    18

    6

    17

    21 12

    8

    Technology

    22

    8

    12

    17 14

    14

    Solution

    From the table we observe that a high percentage of customers prefer to buy air-conditioners according to:

    1. Brand : Videocon or Samsung. 2. Price : LG or Videocon

    3. After sale service : LG or Videocon 4. Technology : Videocon or LG.

    Ans. From the table we observe that a high percentage of customers prefer to buy air-conditioners according to :

    1. Brand : Videocon or Samsung. 2. Price : LG or Videocon

    3. After sale service : LG or Videocon 4. Technology : Videocon or LG.

    Question 19
    CBSEENST11024733

    From the following information, tell us which type of air conditioner you will prefer to buy and why? (Find out with the help of arithmetic mean).

    Consumers Awareness about air-conditioners

    (in percentage)

    Awareness

    Name of the Companies

    Videocon

    National

    Samsung

    L.G.

    Voltas

    Others

    Brand

    14

    10

    20

    18

    8

    9

    Price

    25

    5

    12

    28

    19

    5

    After sale service

    18

    6

    17

    21

    12

    8

    Technology

    22

    8

    12

    17

    14

    10

    Solution

    Calculation of Arithmetic Mean:

    Consumer Awareness about air-conditioners

    Awareness

    Name of the Companies

    Videocon

    National

    Samsung

    L.G.

    Voltas

    Others

    Brand

    24

    10

    20

    18

    8

    9

    Price

    25

    5

    12

    28

    9

    5

    After sale service

    18

    6

    17

    21

    12

    8

    Technology

    22

    8

    12

    17

    14

    10

    ΣX

    89

    29

    61

    84

    43

    32

    22.25%

    7.25%

    15.25%

    21%

    10.75%

    8.50%


    Considering brand, price, after sale service and technology, the average percentage of Videocon air-conditioners is the highest at 22.5% and hence the consumer will prefer to buy Videocon air conditioners.
    Question 20
    CBSEENST11024902

    Frame one two-way questions and one multiple choice question relating to a questionnaire that you intend to design for collecting primary data on the level and composition of expenditure of the people in your locality.

    Solution

    1. Two-way Questions:Is your monthly expenditure equal to or less than your monthly income:

    2. Multiple Choice:What is your major item of expenditure during the month

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