Top 80+ Solved Fundamentals of Business Statistics MCQ Questions Answer
Q. The necessary diagram to compare among the various components or between a partand the whole is:
a. Bar diagram
b. Step diagram
c. Pie diagram
d. Histogram
Q. The measure of central tendency of a statistical data which takes into account all thedata
a. Median
b. Mean
c. Mode
d. Range
Q. If the two regression coefficients are byx = - 0.4 and bxy = - 0.9 then the value ofcorrelation coefficient (r) is
a. 0.6
b. 0.65
c. - 0.6
d. - 0.65
Q. For two mutually exclusive events A and B if P(A) = 3/4 and P(B) = 1/6, then P(A or B) is
a. 11/12
b. 5/12
c. 7/8
d. 1/8
Q. Two unbiased coins are tossed simultaneously. The problem of getting a head and atail is
a. 1/4
b. 1/2
c. 1
d. ¾
Q. The vertical axis of an ogive shows
a. Cumulative frequencies
b. Absolute frequencies
c. Frequency densities
d. Class boundaries
Q. The basis of classification according to differences in time is called
a. Ordinal classification
b. Temporal classification
c. Spatial classification
d. Qualitative classification