McqMate

39

31.7k

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 |

51. |
## Statistical methods are most dangerous tools in the hands of |

A. | Expert ( |

B. | Inexpert ( |

C. | Business man ( |

D. | All of them |

Answer» B. Inexpert ( |

52. |
## ------ is capable of more algebraic treatment |

A. | arithmetic mean ( |

B. | Median ( |

C. | Both ( |

D. | None |

Answer» A. arithmetic mean ( |

53. |
## ------ is considered to best average |

A. | arithmetic mean ( |

B. | Median ( |

C. | Mode ( |

D. | None |

Answer» A. arithmetic mean ( |

54. |
## ------ is used whenever the relative importance of the items in a series differs |

A. | Simple arithmetic mean ( |

B. | Weighted arithmetic mean ( |

C. | Geometric mean( |

D. | None |

Answer» B. Weighted arithmetic mean ( |

55. |
## Weighted averages are used in the calculation of |

A. | death rate ( |

B. | birth rate ( |

C. | Both ( |

D. | None |

Answer» C. Both ( |

56. |
## Median is a ----- average |

A. | Mathematical ( |

B. | Positional ( |

C. | Both ( |

D. | None |

Answer» B. Positional ( |

57. |
## ----- is not capable of algebraic treatment |

A. | arithmetic mean ( |

B. | Median ( |

C. | Both ( |

D. | None |

Answer» B. Median ( |

58. |
## ---- is not a mathematical average |

A. | A.M ( |

B. | G.M ( |

C. | H.M ( |

D. | mode |

Answer» D. mode |

59. |
## ----- is ill-defined |

A. | arithmetic mean ( |

B. | Median ( |

C. | Mode ( |

D. | None |

Answer» C. Mode ( |

60. |
## ----- divides the data into 4 equal parts |

A. | Quartiles ( |

B. | Mean ( |

C. | Median ( |

D. | Range |

Answer» A. Quartiles ( |

61. |
## ---- are known as averages of first order |

A. | Measures of central tendency ( |

B. | Measures of dispersion ( |

C. | Averages ( |

D. | None |

Answer» A. Measures of central tendency ( |

62. |
## Simplest possible measure of dispersion is |

A. | Range ( |

B. | Q.D ( |

C. | M.D ( |

D. | Variance |

Answer» A. Range ( |

63. |
## ---- cannot be computed in the case of open ended distribution |

A. | Range ( |

B. | Mean ( |

C. | Both ( |

D. | None |

Answer» C. Both ( |

64. |
## Standard deviation of a series can have minimum value of ----- |

A. | Zero ( |

B. | One ( |

C. | Two ( |

D. | Three |

Answer» A. Zero ( |

65. |
## In ---- signs are ignored |

A. | S.D ( |

B. | Mean ( |

C. | Both ( |

D. | None |

Answer» A. S.D ( |

66. |
## ----- is defined as the reciprocal of the mean of the reciprocal of these values |

A. | H.M ( |

B. | G.M ( |

C. | A.M ( |

D. | S.D |

Answer» A. H.M ( |

67. |
## ------ is used in averaging rates , times etc |

A. | H.M ( |

B. | G.M ( |

C. | A.M ( |

D. | Mode |

Answer» A. H.M ( |

68. |
## Measures of dispersion are statistical devices to measure the ----- in a series |

A. | Variability ( |

B. | Convertibility ( |

C. | Flexibility ( |

D. | None |

Answer» A. Variability ( |

69. |
## ----- is a geometric method of measuring variability |

A. | Lorenz Curve ( |

B. | Geometric curve ( |

C. | Both ( |

D. | None |

Answer» A. Lorenz Curve ( |

70. |
## The most commonly used relative measure of dispersion |

A. | Coefficient of variation ( |

B. | Q.D ( |

C. | S.D ( |

D. | None |

Answer» A. Coefficient of variation ( |

71. |
## Range is an ---- measure |

A. | Absolute ( |

B. | Relative ( |

C. | Both ( |

D. | None |

Answer» A. Absolute ( |

72. |
## Range =----- |

A. | H-L ( |

B. | L-H ( |

C. | Both ( |

D. | None |

Answer» A. H-L ( |

73. |
## Find range from the following values 23 32 85 32 42 10 20 18 28 |

A. | 70 ( |

B. | 75 ( |

C. | 85 ( |

D. | 32 |

Answer» B. 75 ( |

74. |
## --- is used in quality control |

A. | Mean ( |

B. | Median ( |

C. | Range ( |

D. | Quartiles |

Answer» C. Range ( |

75. |
## Q . D is ---- of more algebraic treatment |

A. | Capable ( |

B. | Not capable ( |

C. | either capable or not ( |

D. | None |

Answer» A. Capable ( |

76. |
## Mean deviation is based on all values , so it is more |

A. | valuable ( |

B. | Understandable ( |

C. | Representative ( |

D. | All these |

Answer» A. valuable ( |

77. |
## Squares of ---- is known as variance |

A. | S.D ( |

B. | Q.D ( |

C. | M.D ( |

D. | Range |

Answer» A. S.D ( |

78. |
## In standard deviation, deviations are measured from |

A. | Mean ( |

B. | Median ( |

C. | mode ( |

D. | None |

Answer» A. Mean ( |

79. |
## In Mean deviation, deviations are measured from |

A. | Mean ( |

B. | Median ( |

C. | mode ( |

D. | All these |

Answer» A. Mean ( |

80. |
## If the value of a series are equal , S.D is |

A. | Zero ( |

B. | One ( |

C. | Two ( |

D. | None |

Answer» A. Zero ( |

81. |
## Graphical method of measuring variability is first used by |

A. | Max O Lorenze ( |

B. | Carl Pearson ( |

C. | Spiegel ( |

D. | Fishers |

Answer» A. Max O Lorenze ( |

82. |
## ---- means asymmetry of a distribution |

A. | skewness ( |

B. | Kurtosis ( |

C. | Moments ( |

D. | Dispersion |

Answer» A. skewness ( |

83. |
## A measure of dispersion is an average of |

A. | Deviation ( |

B. | Skewness ( |

C. | Median ( |

D. | Variance |

Answer» A. Deviation ( |

84. |
## A measure of skewness is only the difference between 2------- |

A. | averages ( |

B. | Deviation ( |

C. | Both ( |

D. | None |

Answer» A. averages ( |

85. |
## ---- serves as an economic barometer |

A. | Index numbers ( |

B. | Skewness ( |

C. | Kurtosis ( |

D. | None |

Answer» A. Index numbers ( |

86. |
## ---- are specialized type of averages |

A. | Index numbers ( |

B. | mean ( |

C. | Median ( |

D. | Mode |

Answer» A. Index numbers ( |

87. |
## Important use of Index numbers is for |

A. | Wage negotiation and wage contracts ( |

B. | Employee satisfaction ( |

C. | Job satisfaction ( |

D. | welfare schemes |

Answer» A. Wage negotiation and wage contracts ( |

88. |
## According to ---- method original data are plotted on graph |

A. | Free hand curve ( |

B. | Semi average ( |

C. | moving average ( |

D. | Least square |

Answer» A. Free hand curve ( |

89. |
## Laspeyrs formula does not obey |

A. | Factor reversal test ( |

B. | Time reversal test ( |

C. | Both ( |

D. | None |

Answer» C. Both ( |

90. |
## Fishers ideal index formula satisfies ---- test |

A. | Factor reversal test ( |

B. | Time reversal test ( |

C. | Both ( |

D. | none |

Answer» C. Both ( |

91. |
## When the measure of kurtosis is greater than ---- the distribution is leptokurtic |

A. | 0 ( |

B. | 1 ( |

C. | 2 ( |

D. | 3 |

Answer» A. 0 ( |

92. |
## When first quartile is 10 , third quartile is 20 , value of quartile deviation is |

A. | 5 ( |

B. | 2 ( |

C. | 3 ( |

D. | 1 |

Answer» A. 5 ( |

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