Business Statistic

Statistics can be used in which of the following areas ?

• Quality Control

• Data Science

• Marketing Research

• All the above

The use of samples is related to which of the following branches of statistics ?

• Descriptive

• Inferential

• Both

• None

Frequency distribution is related to

• Grouped Data

• Ungrouped Data

Characteristics which can be measured are called

• Variables

• Attributes

Discrete data is created by the process of

• Counting

• Measurement

• Classification

It is better to present data in the form of

• Tables

• Numbers only

• Graphs and Diagrams

• Any of the above

I want to graphically represent the sales figures from last 10 years. Which one is the best method ?

• Bar Chart

• Pie Chart

• Line Chart

• Radar Chart

Pie charts are best suited for

• Comparison among similar groups

• Time series data

• Showing composition

Column charts should be preferred over bars if there are large number of categories

• True

• False

A company has four products - A, B, C and D. These are manufactured in six production lines and each of the lines is capable of producing any of the four products. The Plant Manager wants to monitor which production line has manufactured how many of A, B, C and D. Which of the following plot would be best suited for him ?

• Line Chart

• Radar Chart

• Sunburst Chart

• Histogram