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Can there be any advantage in classifying things? Explain with an example from your daily life. - Economics

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Question

Can there be any advantage in classifying things? Explain with an example from your daily life.

Answer in Brief

Solution

Yes, there are many advantages of classifying things. The following are the advantages associated with classification:

1. Saves Time and Energy- Classification of things not only saves our time but also our energy which would otherwise be utilised in searching for entire lot of things.

2. Quick Information- Information can be easily collected from the classified things.

3. Easy Classification- Classification facilitates comparisons and helps in drawing fast conclusions or inferences.

The advantage of classification can be better understood with the help of a daily life example. A post office on the regular basis sorts letters and then classifies them according to various attributes. Letters are classified first according to the states, then according to the cities and streets. Thus, this process of classification helps the postman to deliver posts quickly, efficiently, and in a non-haphazard manner.

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Organisation of Data
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Chapter 3: Organisation of Data - Exercise [Page 38]

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NCERT Statistics for Economics [English]
Chapter 3 Organisation of Data
Exercise | Q 2. | Page 38
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