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Business Statistics
Business Statistics
30 terms
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To measure the students understanding towards basics of business statistics
Flashcards
30 cards
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Practice quiz
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Questions
30
Answers
1
Which is not a reason of distrust on statistics
Misuse
Forecasting
Flexibility
Unawareness
2
The data collected for a specific purpose for the first time is called
Primary data
Open data
Secondary data
Internal data
3
Chronological classification refers to classifying on the basis of
Place
Class interval
Time
Attributes
4
Convenience sampling is a
Probability sampling
Random sampling
None of the above
Non Probability sampling
5
Which of the following method is the non random method of selecting sample from population
Quota sampling
Systematic sampling
Stratified sampling
Cluster sampling
6
Which of the following is not a characteristic of data
Statistics are collected by estimation
Human being
Comparative study
Statistics are placed in relation to each other
7
Which of the following represents qualitative data
Height of a student
Yield from wheat plot
Liking and disliking of 500 persons
Income of an employee
8
Classification is a process of arranging data:
in the grouping of relevant facts into different classes
into different rows and columns
into different rows
into different columns
9
The purpose of classification is
Systematic representation
All of these
Simplify the statistical material
Comparative study
10
systematic sampling belongs to
Probability sampling
Quota sampling
Non Probability sampling
None of the above
11
The orderly management of data in row and columns is known as
Classification
Tabulation
None of these
Tabulation and classification both
12
The first hand unorganised data is called
None of these
Organised data
Secondary data
Primary data
13
Census reports used as a source of data is
Primary source
Secondary source
Organised data
None
14
Which of the following is not the limitation of statistics
Homogeneous statistical data
Analysis of data
Statistical law are true in long run
Presentation of means
15
Which of the following is the characteristics of a data
Affected by various causes
Aggregate of facts
Numerically expressed
All of the above
16
Word statistics is derived from
State
Structure
Statistics
Statista
17
Probability Sampling and random sampling are
Synonymous
Different terms
Anonymous
None of the above
18
Disadvantage of primary data is
All of the above
Unsuitable for wide scope
Expensive
Time consuming
19
Hello every one
Do not Disturb
Get well soon
Hello
Bye
20
secondary data are orignal
False
Internal
True
None of the above
21
Multi stage stratified random sampling is
none of the above
Selective sampling
Probability sampling
Non Probability sampling
22
Statistics is an
Art
Science
Both
None
23
Questionnaire should have following number of qestions
20
40
According to the need f survey
30
24
General purpose of table is also called
Primary
All of them
Repository
Reference
25
The term statistics was used first in
1739
1749
1769
1759
26
Statistical investigation is
Definition of the problem
Sources of information
All of the above
Purpose of investigation
27
Questionnaire survey method is used to collect
None
Primary data
Qualitative data
Secondary data
28
Which is the first step of statistical investigation
Planning of investigation
Collection of data
Presentation of data
Analysis of data
29
If the sample size increases the sampling errors
None of the above
Increases
Remains constant
Decreases
30
The necessary elements of sample are
All of the above
Homogeneity
Representativeness
Independence
