Business Statistics MCQS with Answer Set 1

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Business Statistics MCQS


Statistic is used to indicate any statistical quantity like mean median standard deviation etc is called
Singular sense
Both a and b
Plural of the word statistics
Plural Sense

Price of commodity in current year can be represented as
Pn
Pon
Po
Qn

The formula for calculation of 3rd quartile
None of these

The word statistics was first used by scholar
Thomas Bayes
Baron
Gotifried Achenwall
Scrist

If an event consist of more than one sample points it is called
Compound event
Exhaustive event
Likely events
Simple event

The word statistics comes from the Italian word:
Statistique
Status
Statista
Statistik

A data base on discrete variable is called
Continues data
Quantitative variable
Qualitative
Discrete data

Importance of commodity is its
Weight
Quality
Price
Quantity

The mid value of the arranged data is called
Median
Geometric Mean
Mode
Mean

Population census is conducted through:
Complete enumeration
Investigation
Sample survey
Registration
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