Business Statistics and Data Processing - Business Statistics Questions

1:  
Distribution which are not obtained by actual observation but are deduced mathematically under certain definite hypothesis or assumptions are called
A.

correlation analysis

B.

theoretical frequency distribution

C.

regression analysis

D.

mean and average

 
 

Option: B

Explanation :

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2:  
Statements:
(i) Non-sampling errors can occur in any survey, whether it be a complete enumeration or sampling.
(ii) Sampling errors are present both in a census as well as a sample survey.
A.

Both are correct

B.

Both are wrong

C.

(i) correct, (ii) wrong

D.

(i) wrong, (ii) correct.

 
 

Option: C

Explanation :

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3:  
The following methods is (Care) used in Transportation Models of Operations Research
A.

Vogel's Approximation Method

B.

North West Corner Method 

C.

Least cost Method

D.

All of the above

 
 

Option: D

Explanation :

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4:  
Among the following methods, which is not the non-probability sampling method
A.

Convenient sampling

B.

Quota sampling

C.

Judgement sampling

D.

Systematic sampling

 
 

Option: D

Explanation :

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5:  
Linear programming models solve problems dealing with
A.

relatives and absolutes

B.

routes and mixes

C.

dispersions and similarities

D.

rupees and percentages

 
 

Option: B

Explanation :

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  • Business Statistics questions can be used for the preparation of quizzes by any commerce student.
  • Business statistics objective type questions answers can be used to gain a credit score in various undergraduate and post graduate commerce courses like B com and Mcom
  • This section contains Business statistics  Questions Answers.
  • This section can also be downloaded as business statistics online study material pdf.
  • Business statistics questions answers can be used in the preparation of ugc net exams.
  • This section can also be used by statistics students for improving their knowledge in Business ststistics.
  • These mcq can also be used by any student of XI or XII standard who has opted to study commerce to increase his knowledge in Business statistics.