Top 80+ Solved Fundamentals of Business Statistics MCQ Questions Answer
Q. If a variable x takes the values 12 and 24 with equal frequencies, then mean of x is
a. 36
b. 18
c. 22
d. 28
Q. If two regression equations x + 5y = 13 and 3x – 2y = 5, then the mean values of x andy are respectively.
a. (2, 3)
b. (3, 2)
c. (4, 5)
d. (5, 4)
Q. Two dice are thrown simultaneously, the probability of obtaining a total sum 8 is
a. 1/6
b. 5/6
c. 5/36
d. 7/36
Q. Given : Q3 – Q1 = 8, Q3 + Q1 = 22, Median (Q2) = 10.5. The coefficient of skewness is
a. 1/8
b. 1/7
c. 1/5
d. 1
Q. The correlation coefficient between two variables x and y is
a. sum of two regression coefficients.
b. Arithmetic Mean of two regression coefficients.
c. Harmonic Mean of two regression coefficients.
d. Geometric Mean of two regression coefficients.
Q. For two mutually exclusive events A and B, P (A U B) is equal:
a. P(A) – P(B)
b. P(A) + P(B)
c. ½ [P(A) + P(B)]
d. P(A) x P(B)