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:

# Business Statistics MCQs

## Which of the following is not a measure of location.

A. The mean

B. the median

C. the variance

D. the mode

**View Answer**

**C. the variance**

## In a normal distribution, the lower and upper quartiles are equidistant from the mean and are at a distance of.

A. 0.7979

B. 0.6745 s

C. 0.6745

D. 0.7979

**View Answer**

**B. 0.6745 s**

## A discrete probability distribution may be represented by.

A. A table

B. A graph

C. A mathematical equation

D. All of these

**View Answer**

**D. All of these**

## In a discrete probability distribution sum of probabilities is.

A. 0

B. 1

C. -1

D. None of these

**View Answer**

**B. 1**

## Probability distribution of a random variable is also known as.

A. Probability function

B. Distribution function

C. Probability distribution

D. Probability density function

**View Answer**

**A. Probability function**

## The variance of 5numbers is 10.if each number is divided by 2, the variance of new numbers is.

A.2.5

B.20

C.5

D.10

**View Answer**

**A.2.5**

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

A. Mean

B. mode

C. median

D. geometric mean

**View Answer**

**C. median**

## In normal distribution.

A. Mean < median < mode

B. mean = median = mode

C. mean > median > mode

D. None of these

**View Answer**

**B. mean = median = mode**

## Which of the following is true for the normal curve.

A. Symmetrical

B. all of above

C. unimodal

D. bell-shaped

**View Answer**

**B. all of above**