( Best 225+ ) Business Statistics MCQ

by Mr. DJ 04/01/2022

Business Statistics MCQ

Table of Contents

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Business Statistics MCQ

21. Find the mode of 8, 5, 7, 10, 15, 21, 5, 7, 2, 5

A. 5

B. 7

C. 2

D. 10

Answer: –

B. 7

22. Find the median of the set of numbers: 21, 3, 7, 17, 19, 31, 46,
20 and 43.

A. 19

B. 20

C. 3

D. 16

Answer: –

B. 20

23. The following numbers represent the ages of people on a bus: 3,
6, 27, 13, 6, 8, 12, 20, 5, 10. Calculate their mean of their ages.

A. 11

B. 6

C. 9

D. 110

Answer: –

A. 11

24. if the mean is 11 and the median is13 then the value of mode is

A. 15

B. 13

C. 11

D. 17

Answer: –

D. 17

25. If the mode is 14 and value of mean is 5 then the value of median
is

A. 12

B. 18

C. 8

D. 14

Answer: –

C. 8Also Read :-

26. The sample mean is a

A. Parameter

B. statistics

C. variable

D. constant

Answer: –

B. statistics

27. The suitable average for qualitative data is

A. mean

B. median

C. mode

D. Geometric mean

Answer: –

B. median

Unit 1

28. The sum of deviations of observations from their arithmetic mean:

A. Maximum

B. Least

C. Zero

D. None of these

Answer: –

C. Zero

29. The sum of absolute deviations is minimum when taken from:

A. Mean

B. Median

C. Mode

D. None of these

Answer: –

B. Median

30. The sum of squared deviations is minimum when taken from:

A. Mean

B. Median

C. Mode

D. None of these

Answer: –

A. Mean

31. What is the median of 33, 86, 68, 32, 80, 48, 70?

A. 32

B. 68

C. 80

D. 86

Answer: –

B. 68Also Read :-

Mr. DJ

I Am Dinesh Jat ( Mr. DJ). Completed Mcom. And Currently Pursuing MBA. Interest In Writing Blogs And Spread knowledge To the People. I Want to Provide General Awareness With The People who Are preparing for competitive Exams At a place.

( Best 225+ ) Business Statistics MCQ

Business Statistics MCQ

Business Statistics MCQ

21. Find the mode of 8, 5, 7, 10, 15, 21, 5, 7, 2, 5

22. Find the median of the set of numbers: 21, 3, 7, 17, 19, 31, 46, 20 and 43.

23. The following numbers represent the ages of people on a bus: 3, 6, 27, 13, 6, 8, 12, 20, 5, 10. Calculate their mean of their ages.

24. if the mean is 11 and the median is13 then the value of mode is

25. If the mode is 14 and value of mean is 5 then the value of median is

26. The sample mean is a

27. The suitable average for qualitative data is

28. The sum of deviations of observations from their arithmetic mean:

29. The sum of absolute deviations is minimum when taken from:

30. The sum of squared deviations is minimum when taken from:

31. What is the median of 33, 86, 68, 32, 80, 48, 70?

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22. Find the median of the set of numbers: 21, 3, 7, 17, 19, 31, 46,
20 and 43.

23. The following numbers represent the ages of people on a bus: 3,
6, 27, 13, 6, 8, 12, 20, 5, 10. Calculate their mean of their ages.

25. If the mode is 14 and value of mean is 5 then the value of median
is