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6/9/2018 Objective Type Questions for Business Statistics I.

Com Part 2

Objective Type Questions for Business Statistics I.Com Part 2

 Business Statistics (Objective) I.Com Part 2  8,766 Views

Objective Type Questions for Business Statistics I.Com Part 2

1. Probability is the measurement of

Uncertainty

Certainty

Chances
None of these

20
25
30

35

Fixed
Constant

Not fixed
Zero

4. Number of weeks in a month is an example of

Discrete variable
Continuous variable
Attribute
Constant

Raw data
Primary data
Sample data
Secondary data

-1 and + 1
-1 and 0
0 and + 1

0 and 00

7. The probability of an event cannot be

= 0

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

< 0
> 0
= 1

Unequal
Equal

Different

Negative

9. Collection of data from house to house is by

Mailed questionnaire

Through enumerators
Registration

10. Statistics are always

Aggregate of facts
True and figure

Continuous

New

Primary data

Secondary data

Continuous data
None of these

12. The grouped data is also called

Raw data
Primary data

Qualitative data

Secondary data

Fixed year

Next year

Previous year
Same year

14. Four books can be arranged in a shelf in

8 ways
12 ways

16 ways

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

24 ways

15. The data about sex of new born babies are

Qualitative data

Quantitative data

Continuous data
None of these

16. Statistics are

Always qualitative
Always continuous

Aggregate of facts and figures

Fictitious figures

17. For averaging the relatives, we never use

A.M.
G.M.
Median

Mode

18. When two dice are rolled, all possible outcomes are

4

10
22
36

0
100

1
½

A.M.
G.M.

Median
Mode

Paache’s
Marshall’s
Fisher’s

Laspyre’s

22. A characteristic that changes from one individual to another is called

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

Variable
Constant

Statistic
None of these

Extreme values
Middle value
All the values

Fixed
Changed
Constant

None of these

One part

Two parts
Three parts
Four parts

26. We must arrange the data before calculating

A.M.
Median

Mode
None of these

27. The process of arranging data into rows and columns is called

Frequency distribution
Tabulation

Classification
Ogive

Normal
Abnormal
Middle

Far distant

Ideal index number

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

None of these

30. If A ∩ B = φ, then the events A and B are called

Equally likely
Exhaustive

Mutually enhancive
Independent

Histogyarn
Bell shaped

Shaped
Curve

Mean
Median

Mode

Both mean and median

33. Class interval size is the difference between upper and lower class

Limits
Boundaries

Frequencies

None of these

34. An average obtained by dividing the sum of given values with no of values is called

Arithmetic Mean
Median

Mode

Weighted mean

One parts

Two parts

Three parts
Four parts

36. The probability of ‘a black card from pack of 52 cards is

1/52

13/52

1/2
1/3

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

Chain indices
Price relative

None of these

Statistics
Economics

Mathematics

None of these

90°
180°

360°

60°

40. Number of weeks in a month is an example

Discrete variable
Continuous variable

Attribute
Constant

41. A graph of time series is called

Historigram

Historigram

Ogive
Sector diagram

42. For two mutually exclusive events A and B; P(A) = 0.70; P(B) = 0.30; then P(A Ü B) is

0

0.40

0.30
1

43. The maximum sum of dots when a die is tossed two times is

1

2
12

36

44. Frequency is denoted by

c

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

f

r

g

100
One

Fix

None of these

46. For averaging the relatives, we never use

A.M.

G.M.

Median
Mode

47. An ogive is a

Frequency polygon

Cumulative frequency polygon

Frequency curve
Histogram

48. Now days, the World Statistics can be expressed in how many ways?

2

3

4
5

0.72

0.54
0.82

0.70

50. Population census is conducted through

Sample survey

Complete enumeration
Registration

Investigation

51. The sum of squares from mean is

Zero

Minimum
Maximum

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

Negative

Primary
Secondary

Raw

Qualitative

72
82

72

102

Height

Blood pressure

Blood pressure
Marks

100

Always 100

Never 100
None of these

Ogive

Pie chart

Histogram
Historigram

Median

Mode
Mean

All

Base year quantity

Preceding year price

None of these

59. For the class 50-54, 55-59, 60-64, — the class interval is

6/9/2018 Objective Type Questions for Business Statistics I.Com Part 2

4

5

10
None of these

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