12th Class Business Statistics MCQ Test With Answer for Business Statistics Full Book

Business statistics is the compulsory subject of commerce which is widely taught in colleges. Ilmkidunya as the largest educational website is offering all the updated news and information about the educational prospect.

Business statistics is used by commercial enterprises to record and manage business operation. Commercial organization use statistics in accounting inventory management, marketing, sales forecasting and financial analysis.

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ICOM Part 2 Business Statistics Full Book Online MCQ's Test

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ICOM Part 2 Business Statistics Chapter Wise Online MCQ's Test

Business Statistics Icom Part 2 English Medium Online Test

Try The Business Statistics Icom Part 2 English Medium Online Test

  • Total Questions15

  • Time Allowed20

Business Statistics Icom Part 2 English Medium Online Test

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Question # 1

Sedondary data , grouped data and published data are.

Question # 2

The index numbers are calculated in.

Question # 3

Counting of data about all cases in a particualr study is called.

Question # 4

The difference between the upper and the lower class boundaries of a class is known as.

Question # 5

Histogram is a.

Question # 6

Statistics shoud be.

Question # 7

Fisher index number is the G.M. of the.

Question # 8

All elements in a particualr case represent.

Question # 9

In statistics, collection of related obserations is called.

Question # 10

Classification of data on the basis of characteristics r attributes like social status etc is called.

Question # 11

The number of trees in a garden represent.

Question # 12

An index number calculated for more than on items is called.

Question # 13

Index numbers are divided into following tow types.

Question # 14

Statistics has origin in.

Question # 15

Statistics is the back bone of.


Topic Test

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Here is List Of Chapter Wise Tests

Ch. # Test Name MCQs Available PDF File Launch Test
1 Business Statistics Icom Part 2 English Medium Chapter 1 Online Test 41 Download PDF Launch Test
2 Business Statistics Icom Part 2 English Medium Chapter 2 Online Test 47 Download PDF Launch Test
3 Business Statistics Icom Part 2 English Medium Chapter 3 Online Test 21 Download PDF Launch Test
4 Business Statistics Icom Part 2 English Medium Chapter 4 Online Test 32 Download PDF Launch Test
5 Business Statistics Icom Part 2 English Medium Chapter 5 Online Test 49 Download PDF Launch Test

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ICom Part II Business Statistics (E.M) Important MCQ's

Sr.# Question Answer
1 Data gathered through the publication of the State Bank of Pakistan represent.
A. Basic Data
B. Primary data
C. Secondary data
D. First hand data
2 4 P2
A. 12
B. 6
C. 8
D. 16
3 As a generela rule, statisticians tend to use which of the following numebr of classes when arranging the data.
A. Between 5 and 20
B. Fewer than 5
C. Between 1 and 5
D. More than 20
4 Sedondary data , grouped data and published data are.
A. Antonymous terms
B. Synonymous terms
C. Opposite terms
5 An index number calculated for more than on items is called.
A. Simple index number
B. Compound index number
C. composite index number
D. Relative index number
6 The general purchasing power of currency is determined by.
A. Volume index
B. Composite index
C. Whole sale price index
D. Retail price index
7 If P (A) = 0.30 and P (B) = 0.6 than P ( A ^B)
A. .9
B. .18
C. .3
D. .4
8 Consumer price index numbers are obtained by.
A. Fisher's ideal formula
B. Marshall Edgeworth's formula
C. Paasche's formula
D. Laspayre's formula
9 Students divided into different groops according to their intelligence will generate..
A. Numerical data
B. Quantitive data
C. Qualitative data
D. None of these
10 Statistics is a quantity computed from.
A. Population
B. Sample
C. Universe
D. Census
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ICOM Part 2 Business Statistics Full Book MCQ's Test

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