Business Statistics MCQS with Answer Set 2

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Business Statistics MCQS


A statistical table has at least:
One part
Two parts
Three parts
Four parts

The entries in different cells of columns and rows is called
Column captions
Body of table
Source note
Row captions

An average obtained by dividing the sum of given values with no. of values is called:
Median
Arithmetic mean
Weighted mean
Mode

Which index number is used to measure the buying power of the money
Money index
Whole sale price index number
Simple index number
Price index number

A set representing all possible outcomes of a random experiment is called
Sample space
Simple event
Random experiment
Universal set

Classification of data in tabular form called
None of these
Classification
Temporal Classification
Tabulation
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