Explore topic-wise MCQs in Business Statistics.

This section includes 65 Mcqs, each offering curated multiple-choice questions to sharpen your Business Statistics knowledge and support exam preparation. Choose a topic below to get started.

51.

The type of table in which study variables provides large number of information with interrelated characteristics is classified as

A. lower order table
B. manifold table
C. higher order table
D. both b and c
Answer» E.
Discussion
52.

The distribution which shows the cumulative figure of all the observations placed below upper limit of classes in distribution is considered as

A. cumulative frequency distribution
B. upper limit distribution
C. class distribution
D. cumulative class distribution
Answer» B. upper limit distribution
Discussion
53.

The type of cumulative frequency distribution in which the class intervals are added in bottom to top order is classified as

A. more than type distribution
B. marginal distribution
C. variation distribution
D. less than type distribution
Answer» B. marginal distribution
Discussion
54.

The data table which is presented in tabular form on the basis of two or more simultaneous characteristics is classified as

A. percentage table
B. interval table
C. simple table
D. complex table
Answer» E.
Discussion
55.

Considering the types of diagrams, squares, circles and rectangles are classified as

A. cumulative diagram
B. dispersion diagrams
C. one dimension diagrams
D. two dimension diagram
Answer» E.
Discussion
56.

If in the bar diagram the characteristics variable to be measured is written on horizontal axis and frequencies are written on vertical axis then the graph is for

A. grouped data
B. ungrouped data
C. dimensional data
D. non dimensional data
Answer» B. ungrouped data
Discussion
57.

The histograms and pie charts are classified as one dimensional diagrams because only

A. length is considered
B. width is considered
C. length plus width is considered
D. breadth is considered
Answer» B. width is considered
Discussion
58.

The original tables used to represent data are considered as

A. dispersion tables
B. classification tables
C. cumulative tables
D. distributed tables
Answer» C. cumulative tables
Discussion
59.

In stem and leaf display diagrams used in exploratory analysis, the leaves are considered as

A. leading digits
B. dispersed digits
C. central digits
D. trailing digits
Answer» E.
Discussion
60.

If the classification of collected data is based on characteristics such as religion, education and caste, then this is considered as

A. open end classification
B. time series classification
C. qualitative classification
D. quantitative classification
Answer» D. quantitative classification
Discussion
61.

The diagrams such as cubes and cylinders are classified as

A. one dimension diagrams
B. two dimension diagram
C. three dimensional diagrams
D. dispersion diagrams
Answer» D. dispersion diagrams
Discussion
62.

If the vertical lines are drawn at every point of straight line in frequency polygon then by this way the frequency polygon is transformed into

A. width diagram
B. length diagram
C. histogram
D. dimensional bar charts
Answer» D. dimensional bar charts
Discussion
63.

The classification method in which the upper limit of interval is same as of lower limit class interval is called

A. exclusive method
B. inclusive method
C. mid-point method
D. ratio method
Answer» B. inclusive method
Discussion
64.

In stem and leaf display diagrams used in exploratory analysis, the stems are considered as

A. central digits
B. trailing digits
C. leading digits
D. dispersed digits
Answer» D. dispersed digits
Discussion
65.

The discrete variables and continuous variables are two types of

A. open end classification
B. time series classification
C. qualitative classification
D. quantitative classification
Answer» E.
Discussion