Business Statistics MCQS
Paasche’s index is also called
Consumer price index
Simple index
Current year price
Cost of consumption
Which is the most useful Average in chain base method
Arithmetic Mean
Weighted Arithmetic Mean
Median
Geometric Mean
When data is
Chronological
Both a & c
Temporal
Geographical
A non-orderly arrangement of things is called
Combination
Permutation
Sample space
Collection
Index numbers are called the barometers of:
Statistics
Economics
Mathematics
None of them
Tha Latin word status or the Italian word statista both these words refers to
Statistics
Statista
Statistca
Political state
Any data which collected with specific purpose is sense of statistic
Both a and b
None of these
Singular
Plural
Classification is called Quantitative Classification if data is classified on the basis of
Time
Magnitude
Quality
Location
Link relative is percentage ratio of current year price and:
Preceding year price
None of these
Base year price
Base year quantity
Graph of time series is known as:
Ogive
Historigram
Polygon
Histogram
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