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Online Tests
Business Statistics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
Statistics are always.
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Estimated values
Exact values
Constant values
None of above
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Question # 2
Collection of data by village patwarl an example of.
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Secondary data
Primary data
Grouped data
Non of above
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Question # 3
An event that contains more than one sample point is called.
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Compound event
Independent event
Simple event
Multiple event
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Question # 4
Artithmetic mean of a data is 32. If 5 is added to each item of the same data., what would the new arithmetic mean be.
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32
27
37
42
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Question # 5
The term bar means. a.
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Thick wide line
Thin wide line
Thick narrow line
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Question # 6
Price relaties computed by chain base method is called.
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Link relatives
Value inded
Simple relatives
Price relatives
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Question # 7
The most suitable average for computation of index numbers is.
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G.M
Median
A.M
Mode
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Question # 8
Index numbers are divided into following tow types.
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Un- weighted and weighted index numbers
Simple and un-weighted index numbers
Price and quantity index numbers
Simple and composite index numbers
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Question # 9
All elements in a particualr case represent.
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Universe
Sample
Population
Both a and c
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Question # 10
Example of inferential statistics is.
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Percentage of skilled workers in Pakistan
Estimate of increase in prices in the next year
Both a and b
Percntage of students in a class
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Question # 11
If the sets A and B have no elements in common , these sets are called.
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Disjoints sets
Universal set
Sigleton sets
Overlapping sets
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Question # 12
A graph whihc is used to show the maximum and minimum values of a variable is called.
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Line graph
Bar graph
Range graph
None of above
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Question # 13
Geometric mean of the relatives is.
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Non -reversible
Reversible
Both a and b
None of above
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Question # 14
A device of representing statistical data in pictures.
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Pictograph
Pictogram
Cartoram
Both a and b
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Question # 15
When a die and a coin are rolled together, all possible outcome are.
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2
36
12
6
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Question # 16
An index number having a wide scope is caled.
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Special purpose inded number
Price index number
General purpose index number
Quantity index number
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