McqMate
These multiple-choice questions (MCQs) are designed to enhance your knowledge and understanding in the following areas: Bachelor of Business Administration (BBA) .
| 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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