Business Statistics MCQS with Answer Set 2

Probability of sure event is

None of these

One

Zero

Negative

A Greek letter and is used as a short hand notation for sum:

?

X?

?

X?

In symmetrical distribution mean, median and mode are always:

Different

Negative

Equal

Unequal

Third Quartile is also called

25^th Percentile

75^th Percentile

5^th Decile

2^nd Quartile

A graph of a cumulative frequency distribution is called:

Frequency curve

Histogram

Frequency poly gon

Ogive

Probability of an event can never be

One

Negative

Positive

Zero

The probability of an event always lies between:

0 and ?

0 and +1

-1 and 0

-1 and +1

The Median divides the data into equal parts

One

Four

Two

Three

The quantity which computed from a population when entire population is available is called

Parameter

Statistic

Variable

Constant

Data in the population census reports are:

Primary data

Arrayed data

Secondary data

Ungrouped data