Given below are some statements. Read them carefully and choose the correct statement (s) from the given options.

Statement 1: When an attribute is classified on the basis of either the presence or the absence of a qualitative characteristic, such a classification of data is called a Quantitative Classification.   

Statement 2:  A frequency distribution is a comprehensive way to classify raw data of a qualitative variable.

None of the given statement is correct.

The correct answer is Option 4: None of the given statement is correct.

Statement 1: When an attribute is classified on the basis of either the presence or the absence of a qualitative characteristic, such a classification of data on attributes is called a Quantitative Classification. This is incorrect. When an attribute is classified on the basis of either the presence or the absence of a qualitative characteristic, such a classification of data on attributes is called a Qualitative Classification.

Statement 2:  A frequency distribution is a comprehensive way to classify raw data of a qualitative variable. This is incorrect. A frequency distribution is a comprehensive way to classify raw data of a quantitative variable.