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free smu solved assignments for MBA Semester 1 MB0040 - Q1. Distinguish between Classification and Tabulation. Explain the structure and components of a Table with an example.

Answer:
Classification is the process of arranging data into sequences and groups according to their common characteristics or separating them into different but related parts.

Tabulation is a systematic arrangement of classified data in rows and columns. For the representation of data in diagrams, we use different types of diagrams such as one-
dimensional, two-dimensional and three dimensional diagrams.

Structure and Components of a Table: 
·         Tab 1: Table number
Table number is to identify the table for reference. When there are many tables in an analysis, then table numbers are helpful in identifying the tables.
·         Tab 2: Title
Title indicates the scope and the nature of contents in a concise form. In other words, title of a table gives information about the data contained in the body of the table. Title should not be lengthy.
Tab 3 and Tab 4: Captions
Captions are the headings and subheadings describing the data present in the columns.

·         Tab 5 and Tab 6: Stubs
Stubs are the headings and subheadings of rows.

·         Tab 7: Body of the table
Body of the table contains numerical information.

·         Tab 8: Ruling and spacing
Ruling and spacing separate columns and rows. However, totals are separated from main body by thick lines.

·         Tab 9: Head note
Head note is given below the title of the table to indicate the units of measurement of the data and is enclosed in brackets.

·         Tab 10: Source note
Source note indicates the source from which data is taken. The source note related to table is placed at the bottom on the left hand corner.

 Types of tables
Tables are classified into three types. They are on the basis of:
·         Purpose of investigation
·         The nature of presented figures
·         Construction

Purpose of investigation: Tables classified under this classification are of two types. They are:
     General purpose table General purpose table or reference table facilitates easy reference to the collected data. They are formed without specific objective, but can be used for any specific purpose. They contain large mass of data. For example: census.

Specific purpose table Specific purpose table or text table or summary table deals with specific problems. They are smaller in size and they highlight relationship between characteristics. For example: cost of living indices.

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