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# Business Statistics – Introduction – MCQs

Business Statistics is a great subject to measure the probability of outcomes. It is widely used in almost every type of Research around the world and that’s why it is called “Science of Decisions”.

You will find here MCQs with Answers related to Business Statistics for I.COM, BBA and MBA students. We will cover all aspects of Business Statistics to enhance your Skills and knowledge about Statistics.

Following Questions are related to Chapter No. 1: INTRODUCTION OF STATISTICS

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``` @import url('https://www.testmcqskills.com/wp-content/plugins/wp-viral-quiz-gr/resources/css/bootstrap-wrapper.css'); @import url('https://www.testmcqskills.com/wp-content/plugins/wp-viral-quiz-gr/resources/icons/fa/css/font-awesome.min.css'); @import url('https://www.testmcqskills.com/wp-content/plugins/wp-viral-quiz-gr/resources/css/fo-style.css'); @import url('https://www.testmcqskills.com/wp-content/plugins/wp-viral-quiz-gr/resources/css/skins/modern/style.css'); .wpvqgr-wrapper button.wpvqgr-button.wpvqgr-playagain, .wpvqgr-wrapper button.wpvqgr-button.wpvqgr-start-button, .wpvqgr-wrapper div.wpvqgr-continue button.wpvqgr-button, .wpvqgr-wrapper button.wpvqgr-button.wpvqgr-askinfo-submit, .wpvqgr-progress .progress-bar { background-color:#35cb1a; } (function(d, s, id){ var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) {return;} js = d.createElement(s); js.id = id; js.src = "//connect.facebook.net/en_US/sdk.js"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk')); (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); The word “Statistics” is believed to have been derived from the Latin word: Statistik (B) Status (C) Statistique (D) Statista Correct! Wrong! 2. Statistics is a word: Latin (B) Punjabi (C) German (D) Urdu Correct! Wrong! 3. Statistics means: Aggregates of facts (B) Computer science (C) Research science (D) Distribution of wealth Correct! Wrong! 4. Statistics laws are true on the: Average (B) Numerically (C) Individually (D) None of these Correct! Wrong! (adsbygoogle = window.adsbygoogle || []).push({}); 5. Statistics is defined as the numerical data in: Singular sense Plural sense Technical sense None of these Correct! Wrong! 6. Statistics plays an important role in: Mathematics Computer Accounting Research Correct! Wrong! 7. The word statistics is now a days used in: Two ways Three ways Four ways Five ways Correct! Wrong! 8. Statistics does study: Quantitative facts Qualitative facts Both (a) and (b) None of these Correct! Wrong! (adsbygoogle = window.adsbygoogle || []).push({}); 9. Statistics laws are true for: Long Term Short Term Medium Term None of these Correct! Wrong! 10. Science of systematic collection, presentation, analysis and interpretation of numerical data is called: Commerce Statistics Economics Mathematics Correct! Wrong! Share the quiz to show your results ! Subscribe to see your results (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); Business Stat : Introduction I got %%score%% of %%total%% right %%description%% %%description%% (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); (adsbygoogle = window.adsbygoogle || []).push({}); Loading... ```

May be You are interest in:
• Diagrammatic and Graphic Representation of Data
• Measures of Location or Central Tendency
• Index Numbers
• Probability
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