Business Statistics MCQs

Business Statistics MCQs deal with Expected Value Of A Constant Is, Title Should Be In ……. Letters, Frequency Is Denoted By, Cumulative Frequency Is ……. Frequency, If The Grouped Data Has Open-End Classes-One Cannot Calculate, The Average Value Of The Lower And Upper Limits Of A Class Is Called, If We Divide The Upper And Lower Limits Of A Particular Class By 2 Then We Get, Grouped Data Is, For Percentiles-The Total Numbers Of Partition Values Are, The Difference Between First And Third Quartile Is Called, Frequency Is Denoted By, Which Of The Following Is True For The Normal Curve, For Ordinal Data Which Of The Following Measures Of Central Tendency Is Use, In A Discrete Probability Distribution Sum Of Probabilities Is, A Discrete Probability Distribution May Be Represented By, Which Of The Following Is Not A Measure Of Location:

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Created on January 23, 2022 By Quizllc

Business Statistics MCQs

1 / 16

Expected value of a constant is?

Zero

Mean

Constant itself

None of these

2 / 16

Title should be in ....... letters?

Small

Capital

Roman

None of these

3 / 16

Frequency is denoted by?

C

F

P

Q

4 / 16

Cumulative frequency is ....... frequency?

Decreasing

Increasing

Fixed

None of these

5 / 16

If the grouped data has open-end classes, one cannot calculate?

Median

Mode

Mean

Quartile

6 / 16

The average value of the lower and upper limits of a class is called?

Class boundary

Mid point

Class frequency

Class interval

7 / 16

If we divide the upper and lower limits of a particular class by 2 then we get?

Class boundary

Class mark

Class frequency

Class interval

8 / 16

Grouped data is?

Raw data

Secondary data

Primary data

Qualitative data

9 / 16

For percentiles, the total numbers of partition values are?

10

59

100

99

10 / 16

The difference between first and third quartile is called?

Range

Median

Inter quartile range

Mode

11 / 16

Frequency is denoted by?

c

f

p

q

12 / 16

Which of the following is true for the normal curve?

Symmetrical

all of above

unimodal

bell-shaped

13 / 16

For ordinal data which of the following measures of central tendency is use?

Mean

mode

median

geometric mean

14 / 16

In a discrete probability distribution sum of probabilities is?

0

1

-1

None of these

15 / 16

A discrete probability distribution may be represented by?

A table

A graph

A mathematical equation

All of these

16 / 16

Which of the following is not a measure of location?

The mean

the median

the variance

the mode

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