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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.
Choose an answer
Universe
Sample
Population
Both a and c
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Question # 2
Graph of time series.
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Historigram
Histogram
Frequency polygon
Ogive
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Question # 3
A fair coin is tossed 100 times, the expected number of heads are.
Choose an answer
75
200
50
100
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Question # 4
Which of the following is called an ideal index number.
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Paasche's index number
Laspeyre's index number
Marshal's index number
Fisher's index number
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Question # 5
If every element of a set A is also an element of B, then A set is called.
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Subset of B
Sub set of A
Universal Set
Null Set
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Question # 6
Laspeyre's index number is also called.
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Current year weighted index number
Base year weighted inxed number
Ideal index number
None of above
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Question # 7
The elimination of extreme scores at the bottom of the set has the effect of.
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Difficult to tell
Lowering the mean
Raising the mean
No effect
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Question # 8
Index number calculated by Fisher's formula is ideal because it satisfies.
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Factor reversal test
Time reversal test
Circular test
All of above
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Question # 9
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 # 10
The probability of an event always lies between:
Choose an answer
-1 and +1
-1 and 0
0 and +1
0 and∞
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Question # 11
To show no entry in a cell of the table dashes .............. and ........... are used.
Choose an answer
???
Four Star
..................... dots
Zeroes
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Question # 12
The arrangement of data according to its time of occurence is known as.
Choose an answer
Chronological classification
Spatial classification
Temporal classification
Both a and c
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Question # 13
Statistics has origin in.
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Latin word 'Status'
Italian word ' Statista"
German word 'Statistik'
All of these
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Question # 14
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 # 15
In frequency curve if the longer tail occurs to the right, the curve is called.
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Positively skewed
symmetrical
Negative skewed
dentical
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Question # 16
When a dice are rolled, the possible outcomes are.
Choose an answer
2
6
4
6n
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