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.

Statistics is normally used in commerce involves elementary arithmetic, elementary algebra, statistics and probability. This online testing system really helps the students in their exams preparation. It makes their preparation easy. After solving this online test, Students become more efficient and competent.

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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

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  • Total Questions15

  • Time Allowed20

Business Statistics Icom Part 2 English Medium Online Test

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Question # 1

Types of Statistics .

Question # 2

Collection of data by village patwarl an example of.

Question # 3

4 P2

Question # 4

Classification of data on the basis of place is called.

Question # 5

The cumulatative frequency polygon is also called.

Question # 6

First -hand colleted data is called.

Question # 7

A device of representing statistical data in pictures.

Question # 8

If the data contains an extreme value, the suitable average is.

Question # 9

Sedondary data , grouped data and published data are.

Question # 10

Two books are to be selected at random without replacement out of four books. The number of possible selections are.

Question # 11

The probability of drawing black cards from a pack of 52 cards is.

Question # 12

Aggregative expenditure method and family budget method always give.

Question # 13

Two cards are selected at random with replacement from a pack of 52 playing cards. The possible outcomes are.

Question # 14

The arrangment of sector in a pie chart is.

Question # 15

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


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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Sr.# Question Answer
1 In a statistical table column captions are also called.
A. Stubs
B. Box heads
C. Prefactory spaces
D. Body
2 Index number calculated by Fisher's formula is ideal because it satisfies.
A. Factor reversal test
B. Time reversal test
C. Circular test
D. All of above
3 To show no entry in a cell of the table dashes .............. and ........... are used.
A. ???
B. Four Star
C. ..................... dots
D. Zeroes
4 Tabulation means, the process of arranging the data into.
A. Rows and columns
B. Columns
C. Rows
D. Different classes
5 Which of the following steps is not involved in the formation of frequency distribution.
A. Editing
B. Range
C. Number of classes
D. Class intervel
6 A device of representing statistical data in pictures.
A. Pictograph
B. Pictogram
C. Cartoram
D. Both a and b
7 Only one variable can be represented on.
A. Simple bar diagram
B. Multiple bar diagram
C. Grouped bar diagram
8 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
9 Lower class boundary of 30-35 will be.
A. 35
B. 36
C. 32.5
D. None of above
10 An index number having a wide scope is caled.
A. Special purpose inded number
B. Price index number
C. General purpose index number
D. Quantity index number
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ICOM Part 2 Business Statistics Full Book MCQ's Test

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