12th class Business Statistics chapter wise Short Question test with answers for Business Statistics

Question # 1

Give any three characteristics of good statistical table.

Ans 1: 1- Statistical table should have a title.
Ans 2: 2- The data of preparaton of table should be written in the table.
Ans 3: 3- the unit of measurement shuld be given in the table.

Question # 2

What are data.

Ans 1: A collection of any number of related observations are called data.

Question # 3

Name anty three methods of primary data collection.

Ans 1: 1- Personal observations
Ans 2: 2- Questionnaire
Ans 3: 3- Telephone

Question # 4

What is sure event.

Ans 1: An event which contains all point /elements of the sample space is called sure event.

Question # 5

What is pictograph /pictogram.

Ans 1: A graph which express the statistical data in the form of symboe or picutures is called pictorgraph

Question # 6

What is probability of black cards among 52 playing cards.

Ans 1: 26/52

Question # 7

What is class interval.

Ans 1: The different between the upper and lower class boundaries is called interval.

Question # 8

What is weighted index number.

Ans 1: An index number which measures the changes in the process or group of commodities with respect to relative importance of commodities is called weighted index number.

Question # 9

What is quartile.

Ans 1: Teh value which divide the arranged data into four equal parts is called quartile

Question # 10

What is simple space.

Ans 1: A set of sample points which represents all possible outcomes of the random experiment is called sample space.

Question # 11

What are class limits.

Ans 1: The end values of a class are called class limits. In other words, the lower and upper valeus of a class are called limit.

Question # 12

Define index number.

Ans 1: A device that measures the changesin a variable or group of related variables wiht resptect time or space is called an index number

Question # 13

What is the mode the letters in the word " IJAZ".

Ans 1: No mode, because no letter has occured more than one time.

Question # 14

What types of average are mathematical in nature.

Ans 1: The arithmetic mean, geometirc mean and harmonic mean are mathematical is nature.

Question # 15

Write any three limitation of Statistics.

Ans 1: 1- It deals with only aggragate of facts.
Ans 2: 2- Statistical concept are similar for social & Physical sciecne.
Ans 3: 3- It is estimated science

Question # 16

What are the primary data.

Ans 1: The data collected for the first time for particular purpose for personal use are called primary data.

Question # 17

The geometric mean of the numbers 2,3,4 is.

Ans 1: 2.88

Question # 18

Defien event.

Ans 1: Any subset of the sample space is called event

Question # 19

Give an example of not mutually exclusive events.

Ans 1: In the experiment of throwing a die, the event of getting an even number (2,4,6) and the event of getting a numebr greater than 3 (4,5,6) two numbers 4 and 6 are not mutually exclusive i.e. they can occur simultaneously.

Question # 20

What is discrete / discontinuous variable.

Ans 1: A variable that takes countable number of values is called discrete variable. for example, Number of trees, Number of students etc.

Ch. #	Test Name	Total Questions	PDF File	Launch Test
1	ICom Part 2 Business Statistics Chapter 1 Short Questions Test	27	Download PDF	Launch Test
2	ICom Part 2 Business Statistics Chapter 2 Short Questions Test	37	Download PDF	Launch Test
3	ICom Part 2 Business Statistics Chapter 3 Short Questions Test	35	Download PDF	Launch Test
4	ICom Part 2 Business Statistics Chapter 4 Short Questions Test	14	Download PDF	Launch Test
5	ICom Part 2 Business Statistics Chapter 5 Short Questions Test	18	Download PDF	Launch Test

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