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# Business Mathematics Statistics MCQS Past Papers

1.Statistics are.
A. Collected data for a predetermined purpose
B. Always numerically expressed
C. Aggregates of facts
D. All of these

2.A constant can assume.
A. Only one value
B. More than one value
C. Different values
D. No value at all

3.A descriptive measure of sample is called.
A. Statistics
B. Statistic
C. Parameter
D. None of above

4.The range of the scores 29, 3, 143,27,99 is.
A. 140
B. 143
C. 146
D. 70

5.Picking of some of the elements from the whole data is called.
A. Census
B. Population
C. Registration
D. Sample

6.Data which have been arranged in ascending or decending order are called.
A. Raw data
B. Grouped data
C. Arrayed data
D. Ungrouped data

7.Hights of students in a class make.
A. Quantitative data
B. Qualitative data
C. Discrete data
D. Continues data

8.A Graph of a frequency distribution is called.
A. Histogram
B. Frequency polygon
C. Ogive
D. All of them

9.When all the values in a series occur same times then _____ is not possible.
A. Mean
B. Median
C. Geometric mean
D. Mode

10.The measures of dispersion can never be.
A. Positive
B. Zero
C. Negative
D. Equal to 2

11.The scatter in a series of values about the average is called.
A. Central tendency
B. Dispersion
C. Skewness
D. Symmetry

12. Coding method is used to calculate:
A. Median
B. Mode
C. Mean
D. Weighted Average

13.Weights used in a price index are.
A. Percentage of total price
B. Quantities
C. Average of prices
D. None of these

14.In which method base year quantities are used.
A. Paasche’s method
B. Laspeyres’ method
C. Fisher’s method
D. Marshall’s method

15.Price relatives are a percentage ratio of current year price and.
A. Base year quantity
B. Previous year quantity
C. Base year price
D. Current year quantity

16.Questionnaire method is used in collection of.
A. Secondary Data
B. Primary data
C. Internet data
D. Count data

17.Students divided into different groups according to their intelligence will generate.
A. Numerical data
B. Quantitative data
C. Qualitative data
D. None of above

18.The Range of the value -5, -8 , -10, 0, 6, 10 is.
A. 0
B. 10
C.-10
D. 20

19.A collection of all the elements in a group is called.
A. Population
B. Sample
C. Data
D. Registration

20.Data classified by attributes are called.
A. Grouped data
B. Qualitative data
C. Quantitative data
D. Arrayed data

21.Mode of a series 2,2,2,3,3,3,4,3,3,2 is.
A. 3
B. 2 and 3
C. 4
D. None of these

22.The mean is affected by.
A. Change of origin
B. Scale of measurement
C. Both A & B
D. None of these

23.If Q3 = 20 and Q1 = 10, the coefficient of quartile deviation is.
A. 3
B. 1/3
C. 2/3
D. 1

24.In a symmetrical distribution the mean, median & mode are.
A. Sometimes equal
B. Always equal
C. Never equal
D. None of these

25.Which of the following is a relative measure of dispersion.
A. Standard deviation
B. Variance
C. Coefficient of variation
D. All of these

26.The variance of a constant is equal to.
A. Constant
B. Zero
C. Unity
D. None of these

27.The distribution is positively skewed if.
A. Mean < Mode
B. Mean > Mode
C. Mean > Median
D. Both B & C

28.The weights used in a quantity index are.
A. Percentages of total quantity
B. Prices
C. Averages of quantity
D. None of these

29. Laspeyres’ index number = 110, Paasche’s index number = 108, then Fisher’s Ideal index number is.
A. 110
B. 108
C. 100
D. 109