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MCQ’S FOR B.COM
PART 1

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BUSINESS STATISTICS AND MATHEMATICS

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CHAPTER NO 01

1-Word
statistics is derived from________

Italian word

2-Statistics
means___________

Political state or art

3-There seems
to be _________ uses of word statistics

Three

4-In
_____sense word statistic is used for numerical data

Plural

5-In
_______sense statistic denote for human activity

Single

6-Statistics
are_______ of facts

Agggregates

7-Statistics
are________ expressed

Numerically

8-Reasonable
standard of ______ is observed in estimation of statistics

Accuracy

9-Statistical
laws are true on __________

Average

10-Statistics
cannot be applied to _________ data

Heterogeneous

11-When
statistics is applied in economics it is called_________

Econometrics

12-When
statistics is applied in biological science it is called______

biometry

biometry

13-Statistics
is a mean of developing _________ for the representation and analysis of data

Techniques

14-A
variable is a ______

Symbol

15-A
variable sometime known as_______

variate

variate

16-A
variable is a measureable quantity which _______ from one value to another

Vary

17-A
_________ variable assume any variable between two given values is

Continuous variable

18-A
_________ variable which can not be assumed between two numerical values is

Discrete variable

19-______
observations cannot be measured

Qualitative

20-Non
measureable qualities are called _________

Attributes

21-The
number recorded as a result of measuring is called_______

Data

22-The
record information in its original form is called______

raw data

raw data

23-Number of
children in a house is the example of _______ data

Discrete data

24-______ is
the core of science of statistics

Data

25-Statistical
data are of ______ types

Two

26-Primary
data refers to collection of data from ______

primary source

primary source

27-Primary
data is also called________

Original data

28-Data
which has already been collected is called________

Secondary data

29-Statistical
data has gone through _______ at least one

Statistical treatment

30-After
collecting data the next step is ______

Editing

31-Editing
means the ________ of collected data

Examination

32-Classification
is the process of________ things

Arranging

33-In
classification the elements which possess ________ are group in one class

Same characteristics

34-Types of
classification is depend upon the _________ of statistical data

Characteristics

35-There may be ______ characteristics of
statistical data

Two

36-When
distribution is according to attributes is known as______

Descriptive

37-There are
_______ types of descriptive data

Two

38-The
classification is based on ________ basis

Class interval

39-When
classification is done considering one variable it is called_______

one- way classification

one- way classification

40-When
classification is done considering two variables it is called______

Two- way classification

41-The
_______ refers to highest and lowest value

Class limit

42-Highest
limit is known as_______

Upper limit

43-Lowest
limit is known as_______

Lower limit

44-Difference
between upper and lower class is called______

interval/ magnitude of class

interval/ magnitude of class

45-The
average of upper and lower limit is _______

mid- value

mid- value

46-The value
in the ________ is called mid value

Middle

47-Mid value
= ?

(Upper value + lower value) ÷ 2

48-Number of
items falling in a class is ______

Frequency

49-Tabulation
involves _______ representation of numerical data

Orderly and systematically

50-Tabulation
is ______ stage in collection and compilation of data

Final

51-Tabulation
of data is not _____

Satisfactory

52-In
frequency distribution the data is grouped according to________

Magnitude

53-When the
result of data is exactly measureable the data is called_______

Discrete series

54-In
________ series data is arranged in groups because it is not exactly measurable

Continuous

55-________
is the difference between maximum and minimum value

Range = ?

Maximum value _ minimum value

Maximum value _ minimum value

56-Range

57-The
_________ frequency is the frequency of the class divided by total frequency

Relative frequency

58-Relative
frequency is expressed in______

Percentage

59-When we
divided ________by the total frequency it is called relative cumulative
frequency

Cumulative frequency

60-When a
frequency distribution is constructed by two variables at a time, the resulting
distribution is called ________

Bivariate frequency distribution

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