MCQs on Statistics: Below are the list of Commerce MCQs and Answers as per the new syllabus. Ace up your preparation with the Objective Questions available on Statistics Objective Questions.
MCQs on Statistics :
1. A numerical value used as a summary measure for a sample, such as a sample mean, is known as a
(A) Population Parameter
(B) Sample Parameter
(C) Sample Statistic
(D) Population Mean
Answer
Answer: (C)
2. Statistics branches include
(A) Applied Statistics
(B) Mathematical Statistics
(C) Industry Statistics
(D) Both A and B
Answer
Answer: (D)
3. To enhance a procedure the control charts and procedures of descriptive statistics are classified into
(A) Behavioural Tools
(B) Serial Tools
(C) Industry Statistics
(D) Statistical Tools
Answer
Answer: (A)
4. Sample statistics are also represented as
(A) Lower Case Greek Letter
(B) Roman Letters
(C) Associated Roman Alphabets
(D) Upper Case Greek Letter
Answer
Answer: (B)
5. Individual respondents, focus groups, and panels of respondents are categorised as
(A) Primary Data Sources
(B) Secondary Data Sources
(C) Itemized Data Sources
(D) Pointed Data Sources
Answer
Answer: (A)
6. The variables whose calculation is done according to the height, length, and weight are categorised as
(A) Discrete Variables
(B) Flowchart Variables
(C) Measuring Variables
(D) Continuous Variables
Answer
Answer: (A)
7. A method used to examine inflation rate anticipation, unemployment rate, and capacity utilization to produce products is classified as
(A) Data Exporting Technique
(B) Data Importing Technique
(C) Forecasting Technique
(D) Data Supplying Technique
Answer
Answer: (C)
8. Graphical and numerical methods are specialized process utilized in
(A) Education Statistics
(B) Descriptive Statistics
(C) Business Statistics
(D) Social Statistics
Answer
Answer: (B)
9. The scale applied in statistics which imparts a difference of magnitude and proportions is considered as
(A) Exponential Scale
(B) Goodness Scale
(C) Ratio Scale
(D) Satisfactory Scale
Answer
Answer: (C)
10. Review of performance appraisal, labour turnover rates, planning of incentives, and training programs and are examples of
(A) Statistics in Production
(B) Statistics in Marketing
(C) Statistics in Finance
(D) Statistics in Personnel Management
Answer
Answer: (D)