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MB0040-Statistics for Management-Answer Keys

MB0040-Statistics for Management-Answer Keys

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Published by Yash koradia

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Published by: Yash koradia on Jul 28, 2010
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07/27/2013

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MODEL PAPERMB0040 Statistics for Management(4 Credits)Book code:B1129Group A: 1 Marks Questions (Question Number 1-40)Group B: 2 Marks Questions (Question Number 41-60)Group C: 4 Marks Questions (Question Number 61-75)Full Marks: 140Please Answer All Questions
 – 
Only One Option is CorrectGroup A
1. Statistics are collected in aa.
 
Random Mannerb.
 
Whims & Fanciesc.
 
Systematic manner
d.
 
Haphazard manner2. In industry Statistics is applied in the following areasa.
 
Plant layoutb.
 
Quality control
c.
 
No. of vendorsd.
 
Transfers of Managers
3. In which of the following cases, we can make statistical analysis(a) Data only on winning margin of a legislative candidate(b) Data on result of football final match in a tournament(c) Mark-sheet of a student
(d) Number of people died in a bus accident
 
4. Statistical Survey is a scientific process of a.
 
Collection of datab.
 
Collection and analysis of datac.
 
Analysis of datad.
 
Collection and analysis of numerical data
5. Control methods adopted in a survey at every stage is to checke.
 
Costf.
 
Time consumedg.
 
Accuracyh.
 
Accuracy, measurement analysis and interpretation
6. The data collected for the first time is known asa.
 
Datab.
 
Primary data
c.
 
Secondary datad.
 
Series7. When the area to be covered is very large and periodic information is required thenthe method of collection is done bya.
 
Direct personal observationb.
 
Indirect oral interview
c.
 
Through Questionnairesd.
 
Through local agencies8. In classification each unit is allotted toa.
 
overlapping group
b.
 
Only one group
c.
 
Two or more groupsd.
 
None of the groups9. Data classified according to the time of occurrence is known as
 
a.
 
Qualitative classificationb.
 
Conditional classification
c.
 
Chronological classification
d.
 
Geographical classification10. Classification of workers according to education and skill is calleda.
 
Two-way
b.
 
Manifoldc.
 
One-wayd.
 
Time series11. Data arranged logically according to size is known ase.
 
Chronological classification
f.
 
Quantitative classificationg.
 
Statistical seriese.
 
Manifold classification12. Measure of central tendency are of a.
 
Second orderb.
 
Zero order
c.
 
First order
d.
 
No order13. A good measure of Average should bea.
 
Affected by extreme valuesb.
 
Affected by sampling fluctuations
c.
 
Based on all values
d.
 
Comparable14. The average value of -4, -3, 0, 3, 4 isa.
 
 –
1b.
 
2

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