McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
| 1. |
In olden days statistics also called ……………… |
| A. | science of soldiers |
| B. | science of kings |
| C. | science of business man |
| D. | science of managers |
| Answer» B. science of kings | |
| 2. |
Now a days the use of statistics is extended to various fields such as …………. |
| A. | Agriculture |
| B. | Economic |
| C. | Psychology |
| D. | All of these |
| Answer» D. All of these | |
| 3. |
In ………… sense, statistics refers to numerical statements of facts. |
| A. | plural |
| B. | singular |
| C. | both |
| D. | none |
| Answer» A. plural | |
| 4. |
Measures of central tendency is also known as measures of …………… |
| A. | central calculation |
| B. | central location |
| C. | central information |
| D. | central data |
| Answer» B. central location | |
| 5. |
The arithmetic mean of a variable ‘x’ is denoted by the symbol. |
| A. | x2 |
| B. | x |
| C. | x |
| D. | ∑ x |
| Answer» C. x | |
| 6. |
Short cut method for calculating arithmatic mean also known as |
| A. | assumed average method |
| B. | Assumed variable method |
| C. | Assumed mean method |
| D. | All of these |
| Answer» C. Assumed mean method | |
| 7. |
Geometric mean considered to be the best average in the construction of …… |
| A. | Index numbers |
| B. | median |
| C. | mode |
| D. | quartiles |
| Answer» A. Index numbers | |
| 8. |
There are equal number of observations on the right and on the left of ……… value |
| A. | mean |
| B. | median |
| C. | mode |
| D. | quartile |
| Answer» B. median | |
| 9. |
The word statistics have been derived from the Latin word – |
| A. | Statistik ( |
| B. | Status ( |
| C. | Statista ( |
| D. | Strata |
| Answer» B. Status ( | |
| 10. |
Statistics helps in |
| A. | Testing ( |
| B. | Prediction ( |
| C. | Formulating policies ( |
| D. | all of these |
| Answer» D. all of these | |
| 11. |
Modern statistical devices have been made business forecasting more |
| A. | precise and accurate ( |
| B. | difficult ( |
| C. | misunderstanding ( |
| D. | easy |
| Answer» A. precise and accurate ( | |
| 12. |
---- are the eyes of Govt. administration |
| A. | Statistics ( |
| B. | Economics ( |
| C. | Politics ( |
| D. | none |
| Answer» A. Statistics ( | |
| 13. |
Statistics does not deals with |
| A. | Qualitative ( |
| B. | Quantitative ( |
| C. | Both ( |
| D. | None |
| Answer» A. Qualitative ( | |
| 14. |
Statistics is an art as well as |
| A. | Science ( |
| B. | Average ( |
| C. | Theory ( |
| D. | None |
| Answer» A. Science ( | |
| 15. |
-----is a figure that represents the whole group |
| A. | Average ( |
| B. | Value ( |
| C. | Data ( |
| D. | None |
| Answer» A. Average ( | |
| 16. |
What is the Mean for the following observation ; 3,4,6,7,10 |
| A. | 4 ( |
| B. | 5( |
| C. | 6 ( |
| D. | 9 |
| Answer» C. 6 ( | |
| 17. |
Which divides the value of a variable into two equal parts? |
| A. | Median ( |
| B. | Mean ( |
| C. | Mode ( |
| D. | All these |
| Answer» A. Median ( | |
| 18. |
----- is the value of item of a series which occurs most frequently |
| A. | Median ( |
| B. | Mean ( |
| C. | Mode ( |
| D. | none |
| Answer» C. Mode ( | |
| 19. |
----- is not affected by extreme items |
| A. | Mean ( |
| B. | Median ( |
| C. | Mode ( |
| D. | All these |
| Answer» C. Mode ( | |
| 20. |
When the distribution is of open end classes which average may appropriate |
| A. | Mean ( |
| B. | Median ( |
| C. | Mode ( |
| D. | None |
| Answer» B. Median ( | |
| 21. |
Find mode of the following series 2 3 4 3 4 3 5 3 7 |
| A. | 3 ( |
| B. | 4 ( |
| C. | 5 ( |
| D. | 2 |
| Answer» A. 3 ( | |
| 22. |
----- is useful for computing average rate of increase of profits , average rate of speed , average price ..etc |
| A. | Arithmetic Mean ( |
| B. | Geometric Mean ( |
| C. | Harmonic Mean ( |
| D. | Mode |
| Answer» C. Harmonic Mean ( | |
| 23. |
-----is a mathematical average |
| A. | Arithmetic Mean ( |
| B. | Geometric Mean ( |
| C. | Both ( |
| D. | None |
| Answer» A. Arithmetic Mean ( | |
| 24. |
-----is not a patrician value |
| A. | Mean ( |
| B. | Median ( |
| C. | Quartiles ( |
| D. | all these |
| Answer» A. Mean ( | |
| 25. |
---- is the half distance between the third and first quartiles |
| A. | Q.D ( |
| B. | M.D ( |
| C. | S.D ( |
| D. | Variance |
| Answer» A. Q.D ( | |
| 26. |
The formula of Q.D |
| A. | (Q3-Q1)/2 ( |
| B. | (Q2-Q3)/2 ( |
| C. | (Q2-Q1)/2 ( |
| D. | none |
| Answer» A. (Q3-Q1)/2 ( | |
| 27. |
Measures of dispersion are called averages of ----- order |
| A. | First ( |
| B. | second ( |
| C. | Third ( |
| D. | None |
| Answer» B. second ( | |
| 28. |
----- is the difference between highest and lowest values in a series |
| A. | Range ( |
| B. | Mean ( |
| C. | Dispersion ( |
| D. | None |
| Answer» A. Range ( | |
| 29. |
The most important measure of dispersion |
| A. | Range ( |
| B. | Mean deviation ( |
| C. | Standard deviation ( |
| D. | Quartile deviation |
| Answer» C. Standard deviation ( | |
| 30. |
Square of Standard Deviation is known as |
| A. | Range ( |
| B. | Variance ( |
| C. | Quartile ( |
| D. | none |
| Answer» B. Variance ( | |
| 31. |
For comparing variability in scores of 2 Batsman we can use |
| A. | Standard Deviation ( |
| B. | Mean ( |
| C. | Coefficient of variation ( |
| D. | mode |
| Answer» C. Coefficient of variation ( | |
| 32. |
Variance = ----- |
| A. | (S.D)2 ( |
| B. | √S.D ( |
| C. | ( S.D) 3( |
| D. | 1/S.D |
| Answer» A. (S.D)2 ( | |
| 33. |
In Standard deviation , deviations are taken only from ---- values of series |
| A. | Mean ( |
| B. | Median ( |
| C. | Mode ( |
| D. | Variance |
| Answer» A. Mean ( | |
| 34. |
Co. Efficient of variation is equal to |
| A. | (S.D/Mean)x100 ( |
| B. | (S.D/Range )x100 ( |
| C. | (Mean/ S.D)x100 ( |
| D. | None |
| Answer» A. (S.D/Mean)x100 ( | |
| 35. |
----- means lack of symmetry |
| A. | Skewness ( |
| B. | Kurtosis ( |
| C. | Range ( |
| D. | None |
| Answer» A. Skewness ( | |
| 36. |
A distribution is skewed if Mean , Median , Mode are |
| A. | Equal ( |
| B. | Not equal ( |
| C. | Symmetric ( |
| D. | None |
| Answer» B. Not equal ( | |
| 37. |
----- is a measure of peakedness |
| A. | Skewness ( |
| B. | Kurtosis ( |
| C. | Range ( |
| D. | Variance |
| Answer» B. Kurtosis ( | |
| 38. |
Skewness may be ---- |
| A. | + or – ( |
| B. | Zero ( |
| C. | Both ( |
| D. | None |
| Answer» A. + or – ( | |
| 39. |
When the frequency curve is more peaken than normal curve it is called |
| A. | Leptokurtic ( |
| B. | Platy ( |
| C. | Mesokurtic ( |
| D. | None |
| Answer» A. Leptokurtic ( | |
| 40. |
----- are devices for measuring differences in the magnitude of a group of related variables |
| A. | Index numbers ( |
| B. | Time series ( |
| C. | Standard deviation ( |
| D. | Mean |
| Answer» A. Index numbers ( | |
| 41. |
Index numbers are expressed in |
| A. | Average ( |
| B. | Percentage ( |
| C. | Both ( |
| D. | None |
| Answer» B. Percentage ( | |
| 42. |
---- index number is called Ideal index number |
| A. | Laspear’s ( |
| B. | Paasche’s ( |
| C. | Fishers ( |
| D. | Kelley’s |
| Answer» C. Fishers ( | |
| 43. |
In Laspear’s Index number ---- year quantities are used |
| A. | Base ( |
| B. | Current ( |
| C. | Average ( |
| D. | None |
| Answer» A. Base ( | |
| 44. |
----- is not a factor responsible for seasonal variation |
| A. | Climatic condition ( |
| B. | social customs ( |
| C. | Religious functions ( |
| D. | Operation condition |
| Answer» D. Operation condition | |
| 45. |
laspeyer’s method and Paashe’s method do not satisfy |
| A. | Unit test ( |
| B. | Factor reversal test ( |
| C. | Time reversal test ( |
| D. | None |
| Answer» D. None | |
| 46. |
Fisher’s formula satisfies ---- test |
| A. | Unit test ( |
| B. | Time reversal Test ( |
| C. | factor Reversal test ( |
| D. | All |
| Answer» A. Unit test ( | |
| 47. |
----- is the easiest of all the methods for measuring trend |
| A. | Freehand curve ( |
| B. | Method of semi average ( |
| C. | Method of least squres |
| D. | Method of moving curve |
| Answer» A. Freehand curve ( | |
| 48. |
---- is a set of values arranged in chronological order |
| A. | Time series ( |
| B. | Index number ( |
| C. | Both ( |
| D. | None |
| Answer» A. Time series ( | |
| 49. |
Cyclic variation Occur at intervals of more than ---- year |
| A. | 1 ( |
| B. | 2 ( |
| C. | 3 ( |
| D. | 4 |
| Answer» A. 1 ( | |
| 50. |
Moments are used to find a measure of |
| A. | Central tendency ( |
| B. | Dispersion ( |
| C. | Skewness ( |
| D. | All these |
| Answer» D. All these | |
Done Studing? Take A Test.
Great job completing your study session! Now it's time to put your knowledge to the test. Challenge yourself, see how much you've learned, and identify areas for improvement. Don’t worry, this is all part of the journey to mastery. Ready for the next step? Take a quiz to solidify what you've just studied.