Question 1

Find mode of the following series 2, 3, 4, 3, 4 ,3 ,5, 3, 7

Accepted Answer

A)  3
B)  4
C)  5
D)  2E) A) and C)
F) A) and B)

Question 2

Measures of central tendency is also known as measures of ……………

Accepted Answer

A)  central calculation
B)  central location
C)  central information
D)  central dataE) A) and C)
F) A) and B)

Question 3

Statistics helps in

Accepted Answer

A)  Testing
B)  Prediction
C)  Formulating policies
D)  all of theseE) A) and B)
F) A) and D)

Question 4

Modern statistical devices have been made business forecasting more

Accepted Answer

A)  precise and accurate
B)  difficult
C)  misunderstanding
D)  easyE) None of the above
F) B) and D)

Question 5

---- is the half distance between the third and first quartiles

Accepted Answer

A)  Q.D
B)  M.D
C)  S.D
D)  VarianceE) C) and D)
F) A) and B)

Exam 1: Statistics

Statistics helps in