Organisation of Data
ICSE · Class 11 · Economics
Quick revision notes for Organisation of Data — ICSE Class 11 Economics. Key concepts, formulas, and definitions for last-minute revision.
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Key Topics to Revise
1. Classification of Data
- Classification means grouping data according to identity, similarity, or resemblances.
- Raw data are the data in their original, unorganised form.
- Classification simplifies data, removes unnecessary details, and helps comparison.
2. Variables and Attributes
- A variable is a characteristic that changes and can be measured.
- Variables are of two types: discrete and continuous.
- Discrete variables take only exact values and are obtained by counting.
3. Methods of Quantitative Classification
- Quantitative classification has two stages: raw data and statistical series.
- Raw data are unorganised original figures.
- Statistical series are data arranged in a systematic order.
4. Formation of Series and Class Intervals
- Individual series can be arranged by roll number or by simple array.
- Simple array may be in ascending order or descending order.
- In discrete series, tally bars are used to count frequencies easily.
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