Business Statistics MCQS with Answer Set 2

Probability is the measurement of:

None of these

Chances

Uncertainty

Certainty

Two events A and B are called mutually exclusive if:

A ? B = ?

A ? B = S

A ? B = 1

A ? B = ?

Statistic is ………. of research

Main branch

Back bone

None of these

Small part

Statistics are:

always continuous

Always qualitative

Aggregate of facts and figures

Always true

Now-a-days, the word statistics can be expressed in how many ways:

4

5

2

3-

Which of the following indices has an upward bias:

Laspeyres index number

Paasche’s index number

Fisher’s index number

None of these

If n is the number of elements of a set, the total number of subsets of this set is:

n²

2n

n!

2ⁿ

If x? = 10 and y = 2x + 5, then y? =

30

None of these

25

20

Range of ungroup data is calculated by Formula

X_m – X_m

X_o

X_m – X_o

X_o – X_m

For averaging the relatives, we never use:

G.M

A.M

Median

Mode