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Stat Objectives B Com II

Aklophg

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0% found this document useful (0 votes)
17 views11 pages

Stat Objectives B Com II

Aklophg

Uploaded by

shashank
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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B Com II (Sem III) Ambition Institute, Solapur Objectives

Objectives for 14 Marks


1. STATISTICAL DATA, CLASSIFICATION AND TABULATION
Q.1 Select the most appropriate answer for the following questions:

1) A measurable quantity, which takes only integer values is called ___________ .


a) Constant b) Discrete Variable
c) Continues Variable d) None of These
2) In Qualitative classification, a data is classified on the basis of __________ .
a) attributes b) Class Interval
c) Time d) Height
3) Tabulation means -----------
a) Dividing the data according to qualities b) Finding averages.
c) Listing the facts into rows d) Dividing the data into groups
4) A data is arranged according to the time then the classification is called
a) Geographical b) Chronological
c) Qualitative d) Quantitative
5) If 19, 28, 37, 46, 55, 64 are the mid-values of the classes of a frequency distribution, then the first
class is ----------
a) 15-25 b) 14.5-23.5
c) 12.5 – 25.5 d) Foot - note
6) In a statistical table, the heading of the column is known as ------------
a) Stub b) Caption
c) Head Note d) Foot - note
7) The number of observations belonging to a class is called -------------
a) Data b) Less than cumulative frequency
c) Greater than cumulative frequency d) Frequency
8) The classification is such that, the upper limit of one class is same as the lower limit of its next class.
Then the class limit is called as ---------
a) Geographical b) Qualitative
c) Exclusive d) Inclusive
9) In a statistical table the part in which the collection information’s are presented is called ----------
a) Body b) Caption
c) Stub d) Head note
10) Classification is the process of arranging data in ----------
a) Groups b) Discrete
c) Exclusive d) Inclusive
11) If a data is arranged according to the locations then the classification is called as ------------
a) Qualitative b) Quantitative
c) Geographical Classification d) None of these
12) If a data is obtained by the process of counting then it is called as
a) Caption b) Discrete
c) Variable d) None of these

BUSINESS STATISTICS 1
B Com II (Sem III) Ambition Institute, Solapur Objectives

13) The length of a class is called ----------


a) Class intervals or Class width b) Lower limit
c) Upper Limit d) None of these
14) The smallest value that can be included to a class is called as ------------
a) Lower limit b) Upper limit
c) Groups d) None of limit
15) The number of observations whose values are less than or equal to the upper limit or a given class is
called ---------------
a) More than cumulative frequency b) Less than cumulative frequency
c) Equal to cumulative frequency d) None to these
16) The classification of a data is such that, the observations which take values equal to the lower limit
as well as the upper limit included to that class is called as --------------
a) Inclusive b) Exclusive
c) Geographical d) None of these
17) The lower limit of the first class or upper limit of the last class is unknown then the classes are
called as ------------
a) Open –End classes b) Class interval
c) Class width d) None of these
18) A measureable characteristic which changes its values is called as ---------
a)Variable b) Inclusive
c) Excusive d) none of these
19) In a table the units of measurements used for collecting the data be stated in --------------
a) Head Note b) Caption
c) Stub d) none of these
20) If a sampling is taken by giving equal chance to all the units of population then it is called -------
a) Purposive Sampling b) Simple Random Sampling
c) Stratified Random Sampling d) Judgment Sampling
21) When the population is divided in different groups then it is called --------
a) Purposive Sampling b) Simple Random Sampling
c) Stratified Random Sampling d) Cluster Sampling
22) In which of the following situation complete enumeration of the population can be made ------------
a) Blood test of a person b) Testing life of a person
c) Number of people living in a village
23) In which sampling method same element may be selected more than once -----------
a) SRSWR b) SRSWOR
c) Both SRSWR and SRSOR d) Stratified Random Sampling
24) The procedure of collecting the data from every member of the population is called -----------
a) Sampling method b) Census method
c) Survey method d) Counting method
25) Which of the following if the third stage of statistical enquiry of a problem?
a) Collection b) Analysis
b) Presentation d) Counting method

BUSINESS STATISTICS 2
B Com II (Sem III) Ambition Institute, Solapur Objectives

26) In which sampling method scheme the heterogeneous population is divided into homogeneous sub-
population?
a) Simple Random Sampling b) SRSWOR
c) Stratified Random Sampling d) Quota Sampling
27) If a data is collected by direct enquiry then it is called as ------------
a) Primary Data b) Secondary Data
c) Collection d) Enquiry
28) One of the main sources of secondary data is ------------- of education and research institutions.
a) Newspapers b) T.V. Channels
c) Radio d) Publications
29) The statistical methods are not used when --------------
a) There is uncertainty b) There is certainty
c) The population is infinite d) None of these
30) The first step in statistical investigation is ----------
a) Collection of Data b) Secondary Data
c) Primary Data d) None of these
31) The collection of all objects which have some common property is called as -----------
a) Census b) Sampling
c) Strata d) Population
32) The method of selecting a finite part of a population is called as --------------
a) Census b) Sampling
c) Strata d) Population
33) The information is collected by direct enquiry is called as -----------------
a) Collection of Data b) Secondary Data
c) Primary Data d) None of these
34) The complete enumeration of the population is called as -------------
a) Census b) Sampling
c) Strata d) Population
35) If a data is obtained through some source then it is called as --------------
a) Collection of Data b) Secondary Data
c) Primary Data d) None of these
36) A sample is taken by giving equal weight age to all the items of the population. Then the procedure
is called as ------------
a) Simple Random Sampling b) SRSWOR
c) Stratified Random Sampling d) Quota Sampling
37) Once selected item is returned to the population before the selected of the next item. Then the
procedure is called as ---------
a) SRSWR b) SRSWOR
c) Both SRSWR and SRSOR d) Stratified Random Sampling
38) If the heterogeneous population is divided into homogeneous population then these sub populations
are called as ------------
a) Census b) Sampling
b) Strata d) Population

BUSINESS STATISTICS 3
B Com II (Sem III) Ambition Institute, Solapur Objectives

2. CENTRAL TENDENCY (AVERAGES)


Q.1 Select the most appropriate answer for the following questions
1) The A.M. of a group of observations is 12. If the value of observation is increased by 3 then the
A.M. of the new data is ----------------
a) 3 b) 12
c) 15 d) 9
2) If the A.M. of the set of observations, 5,7,6,3,2,k,8,5,2,4 is then the value of k is -----------
a) 8 b) 2
b) 7 d) 5
3) In a group of 15 students 5 students are failed in a test, the marks of 10 students who passed were
9,6,7,8,9,6,5,7,4,7. Then the median mark of all 15 students is --------------
a) 5 b) 6
c) 7 d) 8
4) For a distribution median is 25 and mode is 21, the mean is ------------
a) 25 b) 24
c) 27 d) 76
5) If the given set of observations is 1,4,4,4,7. Then in this set ------------
a) Mean ‘Median’ Mode b) Mean >Median > Mode
c) Mean < Median < Mode d) Mean = Median = Mode
6) The mean marks of class of 100 students is 68, among them the mean marks of 70 boys is 65, then
the mean marks of remaining girls is -----------
a) 75 b) 70
c) 65 d) 72
7) In case of even number of observations in a data, the value of median is –
a) Any of the two middle most values
b) The simple averages of the two middle most values of the ordered data
c) The simple average of the any two values of the observed data
d) Median does not exist for such a data
8) For the given frequency distribution. The value of mode is ----------
a) 12 b) 2
c) 5 d) 1

3. DISPERTION
1) For the open end classes an appropriate measure of dispersion is ------------
a) Range b) Q.D
c) M.D. d) S.D
2) If the largest value in a set is 80 and the range of the set is 82, then the smallest value of set is -------
a) – 2 b) 9
c) 86 d) 6
3) The variance of a group of 10 observations is 2. If the value of observation is decreased by 5 then
the variance of the resulting series is -----------
a) 7 b) - 3
c) 3 d) 2

BUSINESS STATISTICS 4
B Com II (Sem III) Ambition Institute, Solapur Objectives

4) A measure of dispersion which is independent of the frequencies of distribution is -----------


a) S.D. b) Range
c) Q.D d) M.D. about median
5) If a data having 5 observations is 8, 8,8,8, 8, then the mean and variance is
a) 0, 8 b) 8, 8
c) 8, 0 d) 0, 0
6) A measure of dispersion based on only central 50% of the observation variance is
a) S.D. b) Q.D.
c) M.D. d) Range
7) For the observations, 4 , 5, 6 the mean deviation about median is ---------
a) 0 b) 1/3
c) 2/3 d) 1
8) If the spread of items in the given distribution lies between 100 to 180 then relative measure of range
is ----------
a) 1/7 b) 2/7
7
c) /2 d) 7
9) If the mean and the S.D. of two groups of observations are as following.
Group Mean S. D.
A 50 20
B 50 10
Then the group which is more consistent is ---------
a) A b) B
c) Both A and B d) None of these
10) If the lower and upper quartiles of a data are 12 and 20, then is –
a) 8 b) 16
c) ¼ d) 4
11) The range of 100 items is 50. If each observation is decreased by then the range of the resulting data
is -----------------
a) 90 b) 40
c) 50 d) 10
12) If the quartiles Q1, and Q3 of a data is 5 and 15 then the coefficient of Q.D. is -----------
a) Q.D. b) 1
c) 1.5 d) 2
13) The mean and S.D. of data is 75 and 15. Then its C.V. is ---------
a) 10% b) 20%
c) 30% d) 40%
14) A measures of dispersion based on the extreme values is ----------
a) Q.D. b) S.D.
c) M.D. d) Range
15) The M.D. about mean of a group of observations is 12. If each observation is increased by 10 then
the M.D. about mean of the resulting data-------------
a) 10 b) 8
c) 14 d) 12

BUSINESS STATISTICS 5
B Com II (Sem III) Ambition Institute, Solapur Objectives

16) The mean deviation about median is always ----------


a) Less than b) More than
c) Equal to median d) None of these
17) One of the good measures of dispersion is ----------
a) Q.D. b) M.D.
c) S.D. d) None of these.
18) The mean and S.D. of the price of the shares of company A for a period of 30 days is Rs. 100 and Rs.
50 whereas the mean and S.D. if the price of company B for the same period is Rs. 50 and Rs. 20.
Then the price of the shares of the company which more reliable is ----------
a) A b) B
b) C) Both A and B d) none of these
19) If the range of a data is 10 and the coefficient of range is 0.1. then the largest and smallest- values is
a) 10 b) 20
b) 25 d) 45

4. GRAPHS AND DIAGRAMS


1. A diagram in which the value of a given factor is proportional to the area of the sector of a circle is
called as --------------
a) Bar diagram b) Pie diagram
c) Pyramid d) Histogram
2. The pyramid is used to present the data if the classification is ------------
a) Geographical b) Chronological
c) Qualitative d) Political
3. The pie – chart is a ---------
a) One – dimensional diagram b) Two – dimensional diagram
c) Circular – diagram d) Three – dimensional diagram (Circular diagram)
4. Graphically Quartiles are obtained by using -----------
a) Histogram b) O-give curve
c) Frequency polygon d) Frequency curve
5. To draw the less than o-give curve, less than cumulative frequency are plotted against ------------
a) Upper Limits b) Lower Limits
c) Mid Points d) Classes
6. The mode of a frequency distribution is obtained by using ----------
a) Less than o-give curve b) frequency polygon
c) Histogram d) none of these
7. In case of classes of unequal width, the Histogram is constructive in such a way that ----------
a) The area of the rectangle is proportional to the corresponding frequency
b) Heights of the rectangle is proportional to the corresponding frequency
c) Width is equal to the class frequency
d) None of these
8. In case of inclusive classes, while drawing the Histogram the classes should be ---------
a) Taken along the Y-axis b) Taken as it is
c) Converted into exclusive d) None of these

BUSINESS STATISTICS 6
B Com II (Sem III) Ambition Institute, Solapur Objectives

9. If the X – coordinate of a point on the O-give curve is median then the corresponding Y– Coordinate
when the total frequency is N is ------------
𝑁+1 𝑁
a) b)
2 2
𝑁 3𝑁
c) d)
4 4
10. In a Pie – chart the value of a component is proportional to area of
a) Y – axis b) Frequency curve
c) Sector d) Quantitative
11. The distribution of students in a college is,
Faculty Arts Commerce Science
No. of students 1800 1200 600
If the above data is represented by means of pie-chart, then the angle corresponds to science faculty
is --------
a) 100 b) 600
c) 200 d) 300
12. In pyramid the groups are to be taken along the ----------
a) X – axis b) Y – axis
c) Z- axis d) None
13. While finding mode, by using Histogram, first we select the rectangle having -----------
a) Maximum height b) Minimum height
c) Maximum width d) Minimum width
14. The Histogram of a data is calculated, if the classification of the data is ------
a) Qualitative b) Quantitative
c) Pie Chart d) None of these
15. The representation of a frequency distribution by means of closed graph having many sides is called
as ---------
a) Frequency Curve b) Frequency O-give
c) Frequency Polygon d) None of these
16. The representation of a frequency distribution by means of closed graph having many sides is called
as ---------
a) Frequency curve b) Frequency O-give
c) Frequency polygon d) None of these
17. The X – coordinate of the point of intersection of the two O-give curves of the same data gives the
value of ----------
a) Mean b) Median
c) Mode d) None of these
18. The quartiles Q1 and Q 3 give the limit for ------------- percentage of values.
a) Middle 50% b) Middle 40%
c) Middle 30% d) Middle 60%
19. The first quartile Q 1 is the X –coordinate of a point on the less than O-give curve whose Y –
coordinate is -----------
𝑁+1 𝑁
a) b)
2 2
𝑵 3𝑁
c) d)
𝟒 4

BUSINESS STATISTICS 7
B Com II (Sem III) Ambition Institute, Solapur Objectives

5. CORRELATION AND REGRESSION

1. The nature of correlation between ‘The Colour of Saree an intellilgence of the lady who wear it is ---
Of the lady who wears it is -----
a) Positive correlation b) Negative correlation
c) Perfect correction d) No correlation
2. The only formula used for finding correlation coefficient if the characteristics under study are
qualitative is --------------
a) Kari Peason’s b) Spearman’s
c) Scatter diagram d) None of these
3. The values of two variables are
X : 2 3 5 8 9
Y : 4 6 10 16 18
Then the correlation coefficient between them is ------------
a) +1 b) -1
c) 0 d) 0.5
4. In a study the results for x = X – X and y = y – Y and N = 100, are 𝛴xy = 40, 𝛴x2= 80, 𝛴y2 = 20.
Then the correlation coefficient is --------------
a) +1 b) -1
c) 0 d) ¼
5. If a data corresponds to x and y is ------------
X : 3 6 7 8 10
Y : 50 55 57 60 70
Then the Spearman’s rank correlation coefficient is ------------
a) 0 b) less than 0
c) Less than 1 d) None of these
6. If the correlation coefficient r =0, then the variable are -----------
a) Linearly related b) Independent
c) Not linearly related d) None of these
7. If x and y are two variable and their values are
X : 25 30 35 40 45 50 55
Y : 90 80 70 60 50 40 30
Then the correlation coefficient between x and y is ----------
a) 0 b) + 1
c) – 1 d) 0.5
8. If the correlation coefficient between x and y is 0.5 then the correlation coefficient between – X & Y
is --------
a) 0.5 b) – 0.5
c) + 1 d) - 1
9. If the correlation coefficient between x and y is 0.5 then the correlation coefficient between x + 10
and y – 10 is -------
a) 0.2 b) -0.2
c) 1 d) -1

BUSINESS STATISTICS 8
B Com II (Sem III) Ambition Institute, Solapur Objectives

10. In the computation of rank correlation coefficient if 𝛴d2 = 0, then the value of R is --------
a) 0 b) - 1
c) + 1 d) 0.5
11. The graphical method of studying the correlation between two characteristics is called as ---------
a) Scatter diagram b) Karl Pearson’s
c) Spearman’s d) None of these.
12. If the values of one variable increases, and the corresponding value of the other variable decreases
then the correlation between them is --------
a) Positive b) Negative
c) Perfect d) No correlation
13. If all the points in the scatter diagram are laying on straight line then the correlation between the
variable is called as ------
a) Positive b) Negative
c) Perfect d) No correlation
14. If the observed data corresponds to the performance of a drama competition judged by two judges
then the attitudes of the judges can be competition judged by two judges then the attitudes of the
judges can be computed by using --------
a) Rank coefficient co-efficient b) Positive correlation
c) Negative correlation d) none of these
2
15. In case of repeated ranks the quantity adding to 𝛴 d is called as ------------
a) Correction factor b) Positive correlation
c) Negative correlation d) None of these
16. The limits of the Karl Pearson’s correlation coefficient are -------------
a) 0, +1 b) 1, -1
c) -1,1 d) 0
2
17. If n = 10, 𝛴 d = 33 then the Spearman’s rank correlation coefficient is
a) 0.5 b) 1
c) 0.8 d) 0.4
18. The correlation coefficient is independent of change of ----------
a) Negative b) Positive
c) Origin d) None of these
19. If 0.8 is the correlation coefficient between X and Y then the correlation coefficient between 2X and
2Y ------
a) 0 .2 b) 0.4
c) 0.6 d) 0.8
2
20. If the relationship between x and y is y = x , then the relationship is called as ---------
a) Linear b) Non – linear
c) Correction factor (non – linear) d) None of these
21. If r = 0.6 𝑏𝑥𝑦 = 0.45 then the value of 𝑏𝑦𝑥 is ------------
a) -0.8 b) -0.52
c) 0.8 d) 0.52
22. If 𝑏𝑥𝑦 > 1 then 𝑏𝑦𝑥 is ---------
a) Less than 0 b) Greater than 1
c) Equal to 1 d) Between 0 and 1

BUSINESS STATISTICS 9
B Com II (Sem III) Ambition Institute, Solapur Objectives

23. One of the regression coefficient of two perfectly correlated variables is 0.5, then the other
regression coefficient is -----------
a) 0.5 b) 2
c) -0.5 d) -2
24. If one of the regression coefficient is negative then the other must be –
a) Negative b) Positive
c) Zero d) Not certain
25. If X = 40, Y = 50, 𝑏𝑥𝑦 = 0.57 and 𝑏𝑦𝑥 = 1.12 then the equation of the line of regression of x on y is
a) x = 1.12y +5.2 b) y = 0.57x+11.43
c) y = 1.12x+ 0.52 d) x=0.57y+11.5
26. The point of intersection of two regression lines is at ----------
a) (r, R) b) (𝜎x, 𝜎𝑦)
c) (X,Y) d) (𝑏𝑥𝑦, 𝑏𝑦𝑥)
27. If the regression coefficients are 𝑏𝑦𝑥 = 0.8 and 𝑏𝑥𝑦 = 0.45 then the correlation coefficient is --------
a) R = 0.36 b) 0.6
c) -0.6 d) -0.36
28. If the standard deviation of x and y are 𝜎𝑥 = 4 and 𝜎𝑦 = 2, th correlation coefficient is r = 0.5 then
the regression coefficient byx is -------
a) 0.25 b) 1.0
c) 0.5 d) 2
29. If the equation of the regression of y on x is y = 2x + 5 then the estimated value of y when x = 5 is –
a) 15 b) 20
c) 25 d) 30
𝜎𝑥 2
30. If the regression coefficients are 𝑏𝑦𝑥 = 0.2 and 𝑏𝑥𝑦 = 0.8 then the ratio 𝜎𝑦 2 is -------
a) 0.6 b) ¼
c) -0.6 d) -0.36
31. The regression equation of x and y is 90 – 4y +5x = 0 and x = 30. Then A.M. of y is ---------
a) Y = 60 b) x = 50
c) y = - 50 d) x = -70
32. The relationship between correlation coefficient and regression coefficients is ------
a) r2 = 𝑏𝑥𝑦 X 𝑏𝑦𝑥 b) r2 = 𝑏𝑦𝑥 X 𝑏𝑥𝑦
2
c) r = 𝑏𝑦𝑦 X 𝑏𝑦𝑥 d) r2 = 𝑏𝑥2𝑦 X 𝑏𝑥𝑦
33. If the equation of the lines of regression are 3x +2xy = 10 and x + 2y = 6 then the mean value of x is
-------------
a) 2 b) 3
c) 4 d) 5
34. If the two regression coefficients are -0.3 and -1.2 respectively, then the correlation coefficient is ---
a) -0.6 b) 0.6
c) 0.4 d) 5
35. if x = 10, y =5𝜎rx = 𝜎y = 1 and r = 0.5 then the equation of the line of regression of y on x is -----
a) y = - 0.5x b) y = 0.5x
c) y = 0.4x d) y = 5x

BUSINESS STATISTICS 10
B Com II (Sem III) Ambition Institute, Solapur Objectives

36. If the equation of the line of regression of x on y is 6x + 4y = 100, then the estimated value of X, why
=10 is
a) X = 10 b) X = -10
c) X = 5 d) X = -5
37. If the regression line of y on x is 8y + 6x = 40 and the regression of x on y is 4x + 3y+24, then the
correlation coefficient is ------
3 3
a) b)
1 4
3 3
c) − 4 d) −4
38. If the correlation coefficient r =0, then the equation of y on x is -------
a) (x = x) b) (x = y)
c) (y = y) d) None of these
39. If x= 4, y = 5, 𝜎x = 𝜎y = 2 and r = 1 then the equation of the line of regression is -----
a) y – x = 1 b) x – y = 1
c) x –x = 1 d) None of these

BUSINESS STATISTICS 11

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