Top 80+ Solved Fundamentals of Business Statistics MCQ Questions Answer

Q. Out of total outlay 40,000 (crore) during an annual plan of a country, the central angle represented by education of amount Rs. x crore is 720. The value of x (in crore) is

a. 10,000

b. 9,000

c. 6,000

d. 8,000

Q. Given a table: Value (greater than) 100 150 200 250 Frequency 50 32 9 0 The number of observations between 150 and 200 is

a. 23

b. 15

c. 8

d. 18

Q. Given the table: Class Interval 10 – 15 15 – 20 20 – 25 25 – 30 30 – 35 Frequency 5 7 4 6 8 The class mark for the second class is

a. 27.5

b. 17.5

c. 12.5

d. 32.5

Q. The Arithmetic Mean for the series 2, 6, 5, 7, 9, 4, 2 is

a. 7

b. 4

c. 5

d. 6

Q. The Geometric Mean (GM) for the series 1, 3, 9 is

a. 3

b. 2

c. 1/3

d. ½

Q. The Standard Deviation for two observations is

a. square of their difference.

b. half of their absolute difference

c. their absolute difference

d. twice of their absolute difference

Q. The absolute deviations of the values of a variables from the mean are 10, 15, 19, 2, 14. The mean deviation is 15

a. 16

b. 14

c. 12

d. 9

Q. A.M of 40 observations of a variable is 25 and S.D is 4. The sum of squares of allobservations is

a. 25640

b. 26540

c. 24560

d. 26450

Q. The coefficient of skewness of a distribution is 0.4. Its S.D and mean are respectively 8and 30. The mode of the distribution is

a. 26

b. 26.2

c. 26.4

d. 26.8

Q. If A and B be two mutually exclusive events and P(A) = 3/4; P (A U B) = 5/6 then P(B) is

a. 2/3

b. 3/5

c. 5/12

d. 1/12

Q. The mode for the series 2, 5, 7, 6, 3, 7, 4, 7, 9, 2 is

a. 6

b. 2

c. 7

d. 9

Q. The median of the numbers 94, 33, 86, 68, 32, 80, 48 and 70 is

a. 68

b. 69

c. 64

d. 70

Q. The Geometric Mean (G.M) for the series 1, 2, 4 is

a. 2

b. 7/3

c. 3/7

d. 2.5

Q. The Standard Deviation (S.D) for 2 and 8 is 16

a. 5

b. 4

c. 3

d. 6

Q. The mean deviation of the observations 3, 5, 9, 1 and 2 about their median is

a. 2.4

b. 2.2

c. 3

d. 2.8

Top 80+ Solved Fundamentals of Business Statistics MCQ Questions Answer

From 31 to 45 of 61

Q. Out of total outlay 40,000 (crore) during an annual plan of a country, the central angle represented by education of amount Rs. x crore is 720. The value of x (in crore) is

Q. Given a table: Value (greater than) 100 150 200 250 Frequency 50 32 9 0 The number of observations between 150 and 200 is

Q. Given the table: Class Interval 10 – 15 15 – 20 20 – 25 25 – 30 30 – 35 Frequency 5 7 4 6 8 The class mark for the second class is

Q. The Arithmetic Mean for the series 2, 6, 5, 7, 9, 4, 2 is

Q. The Geometric Mean (GM) for the series 1, 3, 9 is

Q. The Standard Deviation for two observations is

Q. The absolute deviations of the values of a variables from the mean are 10, 15, 19, 2, 14. The mean deviation is 15

Q. A.M of 40 observations of a variable is 25 and S.D is 4. The sum of squares of allobservations is

Q. The coefficient of skewness of a distribution is 0.4. Its S.D and mean are respectively 8and 30. The mode of the distribution is

Q. If A and B be two mutually exclusive events and P(A) = 3/4; P (A U B) = 5/6 then P(B) is

Q. The mode for the series 2, 5, 7, 6, 3, 7, 4, 7, 9, 2 is

Q. The median of the numbers 94, 33, 86, 68, 32, 80, 48 and 70 is

Q. The Geometric Mean (G.M) for the series 1, 2, 4 is

Q. The Standard Deviation (S.D) for 2 and 8 is 16

Q. The mean deviation of the observations 3, 5, 9, 1 and 2 about their median is

Related Topics

Fundamentals of Management

Fundamentals of Economics

Direct Taxation

Laws and Ethics

Fundamentals of Laws and Ethics

Fundamentals of Economics and Management

Fundamentals of Law

Cost and Management Accounting and Financial Management

Fundamentals of Costing

Fundamentals of Business Mathematics

Subscribe Now

Get All Updates & News

About Us