Top 50+ Solved Statistics for Tourism Business MCQ Questions Answer
Q. _________ play a very important part in the construction of index numbers.
a. weights
b. classes
c. estinations
d. none
Q. Index numbers show ____________ changes rather than absolute changes.
a. relative
b. percentage
c. both
d. none
Q. Index number is equal to_________________
a. sum of price relatives
b. average of the price relatives
c. product of price relative
d. none
Q. Laspeyer’s index formula use the weights of the
a. base year
b. current year
c. average of the weights of a number of year
d. none of the above
Q. If the index number is independent of the units of measurement ,then it satisfies
a. time reversal test
b. factor reversal test
c. unit test
d. all the above
Q. Statistics is defined in terms of numerical data in the___________
a. singular sense
b. plural sense
c. either a or b
d. both a and b
Q. Statistics is applied in ____________________
a. economics
b. business management
c. commerce and industry
d. all the above
Q. Which of the following represents statistics
a. a single value
b. only two values in a set
c. a group of values in a set
d. none of these
Q. Statistics deals with
a. qualitative information
b. quantitative information
c. both
d. none of these
Q. Statistical data are collected
a. without any purpose
b. for a given purpose
c. any purpose
d. none of these
Q. Statistical results are
a. absolutely correct
b. not true
c. true on an average
d. universally true
Q. Statistics are
a. aggregates of facts
b. numerically expressed
c. systematically collected
d. all above
Q. Statistical methods
a. collection of data
b. classification
c. analysis and inter correlation of data
d. all these