taleem-e-pakistan.comhttp://www.taleem-e-pakistan.

com/objective-type-questions-for-business-statistics-i-com-
part-2/

Objective Type Questions for Business Statistics I.Com
Part 2
Business Statistics Objective Type Questions
Multiple Choice Question for Business Statistics I.Com part 2
Start
Congratulations - you have completed Business Statistics Objective Type Questions.
You scored %%SCORE%% out of %%TOTAL%%.
Your performance has been rated as %%RATING%%

Your answers are highlighted below.
Question 1
Identify the attribute
A Height
Hint:
Eye color
B Blood pressure
Hint:
Eye color
C Eye color
D Marks
Hint:
Eye color
Question 2
The grouped data is also called
A Raw data
Hint:
Secondary data
B Primary data
Hint:
Secondary data
C Qualitative data
Hint:
Secondary data
D Secondary data
Question 3
The graph of cumulative frequency distribution is
A Ogive
B Pie chart
Hint:
Ogive
C Histogram
Hint:
Ogive
D Historigram
Hint:
Ogive
Question 4
The graph of frequency distribution is
A Histogyarn
B Bell shaped
Hint:
Histogyarn
C Shaped
Hint:
Histogyarn
D Curve
Hint:
Histogyarn
Question 5
To find the average of blue color pieces of cloth, we use
A Median
Hint:
Mode
B Mode
C Mean
Hint:
Mode
D All
Hint:
Mode
Question 6
The mean of 10 numbers is 9, and then the sum of number is
A 72
Hint:
92
B 82
Hint:
92
C 92
D 102
Hint:
92
Question 7
Current year weighted index number is also called
A Paache's
B Marshall's
Hint:
Paache's
C Fisher's
Hint:
Paache's
D Laspyre's
Hint:
Paache's
Question 8
In chain base method, the base years is a
A Fixed year
Hint:
Previous year
B Next year
Hint:
Previous year
C Previous year
D Same year
Hint:
Previous year
Question 9
Four books can be arranged in a shelf in
A 8 ways
Hint:
24 ways
B 12 ways
Hint:
24 ways
C 16 ways
Hint:
24 ways
D 24 ways
Question 10
The probability of 'a black card' from pack of 52 cards is
A 1/52
Hint:
1/2
B 13/52
Hint:
1/2
C 1/2
D 3/4
Hint:
1/2
Question 11
Now days, the World Statistics can be expressed in how many ways?
A 2
Hint:
3
B 3
C 4
Hint:
3
D 5
Hint:
3
Question 12
Number of weeks in a month is an example of
A Discrete variable
Hint:
Constant
B Continuous variable
Hint:
Constant
C Attribute
Hint:
Constant
D Constant
Question 13
The process of arranging data into rows and columns is called
A Frequency distribution
Hint:
Tabulation
B Tabulation
C Classification
Hint:
Tabulation
D Ogive
Hint:
Tabulation
Question 14
A statistical table has at least
A One part
Hint:
Two parts
B Two parts
C Three parts
Hint:
Two parts
D Four parts
Hint:
Two parts
Question 15
We must arrange the data before calculating
A A.M
Hint:
Median
B Median
C Mode
Hint:
Median
D None of these
Hint:
Median
Question 16
Statistics are
A Always qualitative
Hint:
Aggregate of facts and figures
B Always continuous
Hint:
Aggregate of facts and figures
C Aggregate of facts and figures
D Fictitious figures
Hint:
Aggregate of facts and figures
Question 17
The data about sex of new born babies are
A Qualitative data
Hint:
Quantitative data
B Quantitative data
C Continuous data
Hint:
Quantitative data
D None of these
Hint:
Quantitative data
Question 18
Class interval size is the difference between upper and lower class
A Limits
B Boundaries
Hint:
Limits
C Frequencies
Hint:
Limits
D None of these
Hint:
Limits
Question 19
A graph of time series is called
A Historigram
Hint:
Hsitogram
B Hsitogram
C Ogive
Hint:
Hsitogram
D Sector diagram
Hint:
Hsitogram
Question 20
The sum of squares from mean is
A Zero
B Minimum
Hint:
Zero
C Maximum
Hint:
Zero
D Negative
Hint:
Zero
Question 21
The data obtained from college record is
A Primary
Hint:
Secondary
B Secondary
C Raw
Hint:
Secondary
D Qualitative
Hint:
Secondary
Question 22
What is the total angle of pie-chart?
A 90
Hint:
360
B 180
Hint:
360
C 360
D 60
Hint:
360
Question 23
Frequency is denoted by
A c
Hint:
f
B f
C q
Hint:
f
D r
Hint:
f
Question 24
Index Numbers are called the barometers of
A Statistics
Hint:
Economics
B Economics
C Mathematics
Hint:
Economics
D None of these
Hint:
Economics
Question 25
The most frequent value in the data is called
A Mode
B Median
Hint:
Mode
C G.M
Hint:
Mode
D H.M
Hint:
Mode
Question 26
Index Number for base period is
A 100
Hint:
Always 100
B Always 100
C Never 100
Hint:
Always 100
D None of these
Hint:
Always 100
Question 27
The probability of an event always lies between
A -1 and + 1
Hint:
0 and + 1
B -1 and 0
Hint:
0 and + 1
C 0 and + 1
D 0 and 00
Hint:
0 and + 1
Question 28
Arithmetic Mean is based on
A Extreme values
Hint:
All the values
B Middle value
Hint:
All the values
C All the values
D Most common value
Hint:
All the values
Question 29
For averaging the relatives, we never use
A A.M
Hint:
Mode
B G.M
Hint:
Mode
C Median
Hint:
Mode
D Mode
Question 30
Fisher Index Number is of Laspeyre's and Paasche's Index Numbers
A A.M
Hint:
G.M
B G.M
C Median
Hint:
G.M
D Mode
Hint:
G.M
Question 31
If P(A n B) = 0.63 and P(B) = 0.9, then P(AB) is
A 0.72
Hint:
0.70
B 0.54
Hint:
0.70
C 0.82
Hint:
0.70
D 0.70
Question 32
The maximum sum of dots when a die is tossed two times is
A 1
Hint:
12
B 2
Hint:
12
C 36
Hint:
12
D 12
Question 33
Statistics are always
A Aggregate of facts
B True and figure
Hint:
Aggregate of facts
C Continuous
Hint:
Aggregate of facts
D New
Hint:
Aggregate of facts
Question 34
Height of a student in a class
A Discrete
Hint:
None of these
B Continuous
Hint:
None of these
C Qualitative
Hint:
None of these
D None of these
Question 35
A measure computed from sample data s called
A Parameter
Hint:
Statistics
B Statistics
C Statistic
Hint:
Statistics
D Data
Hint:
Statistics
Question 36
In symmetrical distribution mean, median and mode are always
A Unequal
Hint:
Equal
B Equal
C Different
Hint:
Equal
D Negative
Hint:
Equal
Question 37
Price relative is percentage ratio of current year price and
A Base year price
B Base year quantity
Hint:
Base year price
C Preceding year price
Hint:
Base year price
D None of these
Hint:
Base year price
Question 38
For averaging the relatives, we never use
A A.M
Hint:
Mode
B G.M
Hint:
Mode
C Median
Hint:
Mode
D Mode
Question 39
Probability is the measurement of
A Uncertainty
B Certainty
Hint:
Uncertainty
C Chances
Hint:
Uncertainty
D None of these
Hint:
Uncertainty
Question 40
The size of a class is also called
A Class interval
B Class frequency
Hint:
Class interval
C Class mark
Hint:
Class interval
D Class boundary
Hint:
Class interval
Question 41
For the class 50-54, 55-59, 60-64, - -- the class interval is
A 4
Hint:
5
B 5
C 10
Hint:
5
D None of these
Hint:
5
Question 42
The most frequent value is the data is
A Mean
Hint:
Mode
B Median
Hint:
Mode
C Mode
D Both mean and median
Hint:
Mode
Question 43
Index for base period is
A 100
B One
Hint:
100
C Fix
Hint:
100
D None of these
Hint:
100
Question 44
In, chain base method, the base period is
A Fixed
Hint:
Not fixed
B Constant
Hint:
Not fixed
C Not fixed
D Zero
Hint:
Not fixed
Question 45
The probability of sure event is
A 0
Hint:
1
B 100
Hint:
1
C 1
D
Hint:
1
Question 46
The grouped data is always called
A Raw data
Hint:
Secondary data
B Primary data
Hint:
Secondary data
C Sample data
Hint:
Secondary data
D Secondary data
Question 47
Population census is conducted through
A Sample survey
Hint:
Complete enumeration
B Complete enumeration
C Registration
Hint:
Complete enumeration
D Investigation
Hint:
Complete enumeration
Question 48
A statistical table has at least
A One part
Hint:
Four parts
B Two parts
Hint:
Four parts
C Three parts
Hint:
Four parts
D Four parts
Question 49
An average obtained by dividing the sum of given values with no of values is called
A Arithmetic Mean
B Median
Hint:
Arithmetic Mean
C Mode
Hint:
Arithmetic Mean
D Weighted mean
Hint:
Arithmetic Mean
Question 50
In fix base method the base period should be
A Normal
B Abnormal
Hint:
Normal
C Middle
Hint:
Normal
D Far distant
Hint:
Normal
Question 51
If A B = , then the events A and B are called
A Equally likely
Hint:
Mutually enhancive
B Exhaustive
Hint:
Mutually enhancive
C Mutually enhancive
D Independent
Hint:
Mutually enhancive
Question 52
The probability of an event cannot be
A = 0
Hint:
< 0
B < 0
C > 0
Hint:
< 0
D = 1
Hint:
< 0
Question 53
A characteristic that changes from one individual to another is called
A Variable
B Constant
Hint:
Variable
C Statistic
Hint:
Variable
D None of these
Hint:
Variable
Question 54
Raw material collected by first hand is
A Primary data
B Secondary data
Hint:
Primary data
C Continuous data
Hint:
Primary data
D None of these
Hint:
Primary data
Question 55
Lower class boundary of 25-35 will be
A 20
Hint:
25
B 25
C 30
Hint:
25
D 35
Hint:
25
Question 56
An ogive is a
A Frequency polygon
Hint:
Cumulative frequency polygon
B Cumulative frequency polygon
C Frequency curve
Hint:
Cumulative frequency polygon
D Histogram
Hint:
Cumulative frequency polygon
Question 57
In chain base method, the base period is
A Fixed
Hint:
Changed
B Changed
C Constant
Hint:
Changed
D None of these
Hint:
Changed
Question 58
Pn/Po x 100 is equal to
A Link relative
Hint:
Price relative
B Chain indices
Hint:
Price relative
C Price relative
D None of these
Hint:
Price relative
Question 59
For two mutually exclusive events A and B; P(A) = 0.70; P(B) = 0.30; then P(A B) is
A 0
Hint:
1
B 0.40
Hint:
1
C 0.30
Hint:
1
D 1
Question 60
Number of weeks in a month is an example
A Discrete variable
B Continuous variable
Hint:
Discrete variable
C Attribute
Hint:
Discrete variable
D Constant
Hint:
Discrete variable
Question 61
Collection of data from house to house is by
A Mailed questionnaire
Hint:
Both mailed questionnaire and through enumerators
B Through enumerators
Hint:
Both mailed questionnaire and through enumerators
C Registration
Hint:
Both mailed questionnaire and through enumerators
D Both mailed questionnaire and through enumerators
Question 62
Non-measurable quantities are
A Continuous variable
Hint:
Attribute
B Discrete variable
Hint:
Attribute
C Constant
Hint:
Attribute
D Attribute
Question 63
Laspeyre's Index Number is also called
A Base year weight
B Ideal index number
Hint:
Base year weight
C Current year weight
Hint:
Base year weight
D None of these
Hint:
Base year weight
Question 64
When two dice are rolled, all possible outcomes are
A 4
Hint:
36
B 10
Hint:
36
C 22
Hint:
36
D 36
Question 65
A measure computed from sample data is called
A Parameter
Hint:
Statistics
B Statistic
Hint:
Statistics
C Statistics
D Data
Hint:
Statistics
Question 66
Secondary data are collected from
A Direct personal observations
Hint:
Official sources
B Registration
Hint:
Official sources
C Official sources
D Questionnaire method
Hint:
Official sources
Question 67
Histogram is a graph DE
A Frequency distribution
B Time series
Hint:
Frequency distribution
C Qualitative data
Hint:
Frequency distribution
D Ogive
Hint:
Frequency distribution
Question 68
Three books of different colors are to be arranged in a book shelf. The possible arrangements are
A 3
Hint:
6
B 6
C 1
Hint:
6
D 2
Hint:
6