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Online Tests
Business Statistics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
In chain base method, the base period is.
Choose an answer
Constant
Fixed
Not fixed
None of these
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Question # 2
As a generela rule, statisticians tend to use which of the following numebr of classes when arranging the data.
Choose an answer
Between 5 and 20
Fewer than 5
Between 1 and 5
More than 20
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Question # 3
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 # 4
Sample mean is
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Variable
Statistic
Parameter
Constant
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Question # 5
Level of satisfaction is.
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Qualitative variable
Quantitative variable
Discrete variable
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Question # 6
In a table, foot note and source notes are.
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Same
Identical
Different
None of above
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Question # 7
Index numbers are called.
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Economic barometers
Mathematical barometers
Statistical barometers
Scientific barometers
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Question # 8
Suitable averagefor averaging the shoe sizes for children is
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Median
Mode
Mean
G.M
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Question # 9
The heading for different columns are called.
Choose an answer
Column captions
Rows captions
Box -Head
Both a and c
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Question # 10
Statistics has origin in.
Choose an answer
Latin word 'Status'
Italian word ' Statista"
German word 'Statistik'
All of these
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Question # 11
The heading for differnet rows are called.
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Rows captions
Column captions
Stubs
Both a and c
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Question # 12
The mathmatical science of making decisions and drawing conclusions from data in situations of uncertainty is called.
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Statistics
Applied mathematics
Experimental science
Mathmatical
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Question # 13
Index number calculated by Fisher's formula is ideal because it satisfies.
Choose an answer
Factor reversal test
Time reversal test
Circular test
All of above
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Question # 14
The foot notes are normally represented by.
Choose an answer
......................
Four Star
,,,,,,,,,,,,,,,,,,,,
???
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Question # 15
The probability of drawing club cards from a pack of 52 cards is.
Choose an answer
12/52
13/52
4/52
26/52
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Question # 16
Which of the following is called an ideal index number.
Choose an answer
Paasche's index number
Laspeyre's index number
Marshal's index number
Fisher's index number
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