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Business Statistics Icom Part 2 English Medium Online Test MCQs With Answers
Question # 1
All elements in a particualr case represent.
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Universe
Sample
Population
Both a and c
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Question # 2
The probability of an event cannot be.
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More than one
Less than one
Negative
Zero
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Question # 3
Index for base period is always taken as.
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50
100
120
200
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Question # 4
The probability of drawing red cards from a pack of 52 cards is
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13/52
12/52
4/52
26/52
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Question # 5
An index number calculated for more than on items is called.
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Simple index number
Compound index number
composite index number
Relative index number
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Question # 6
First -hand colleted data is called.
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Grouped data
Primary data
Secondary data
Both a and c
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Question # 7
if frequency curve if the longer tail occurs to the left curve is called.
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Positively skewed
Symmetrical
Negatively skewed
Dentical
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Question # 8
The term 'even' is used for.
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Sample space
A sub -set of the sample space
Probability
Total number of out comes
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Question # 9
Relative frequencies are obtaied by.
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Dividing the mid points by the total frequency.
Dividng the total frequency by the frequency
Dividing the frequency by totla frequency
Dividing the mid points by the frequency
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Question # 10
Statistics shoud be.
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Collected in a systematic manner
Comparable
Numerated or estimated
All of these
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Question # 11
The general purchasing power of the currency of a country is determined by.
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Simpel index
Whole sale price index
Composite index
Volume index
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Question # 12
The sun of deviation of observation is zero, when deviations are taken from.
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Mode
Median
Mean
None of above
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Question # 13
In fixed base method the base period should be.
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Normal year
Abnormal year
Fluctuatingyear
Both b and c
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Question # 14
The data whihc have not undergone any statistical treatment repersent.
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Primary data
Secondary data
Refined data
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Question # 15
In venn diagram universal set U is represented by a.
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Rectangle
Square
Circle
Both a and b
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Question # 16
Only one variable can be represented on.
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Simple bar diagram
Multiple bar diagram
Grouped bar diagram
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