Free Printable Business Statistics HCC Quiz 1

1.

A measure of tendency is a

a)

Multiple figure

b)

Double figure

c)

single figure

2.

Which one them is not a type of average

a)

Mathematical Average

b)

Statistical Average

c)

Calculated Average

d)

Positional Average

3.

The arithmetic mean of 25, 40, 55, 75, 95

a)

53

b)

55

c)

58

d)

59

4.

If the data is given in continuous series, then which one them is not a formula for arithmetic mean

a)

$\frac{\sum_{ }^{ }fx}{N}$

b)

$A+\frac{\sum_{ }^{ }fdx}{N}$

c)

$A+\frac{\sum_{ }^{ }fdx}{C}\times N$

d)

$A+\frac{\sum_{ }^{ }fdx}{N}\times C$

5.

Combined arithmetic mean $\overline{X}_n$ of n series is

a)

$\frac{\left(n_1+n_2+...\ +n_k\right)\left(\overline{X_1}+\overline{X_2}+...+\overline{X_k}\right)}{n}$

b)

$\frac{n_1\overline{X_1}+n_2\overline{X_2}+...+n_k\overline{X_k}}{n_1+n_2+...\ +n_k}$

c)

$\frac{n_1\overline{X_1}+n_2\overline{X_2}+...+n_k\overline{X_k}}{n}$

d)

$\frac{\overline{X_1}+\overline{X_2}+...+\overline{X_k}}{n_1+n_2+...\ +n_k}$

6.

The harmonic mean of 0.5 and 0.25

a)

0.33

b)

0.22

c)

0.11

d)

0.01

7.

Median of 5,2,22,10,14,20,12,17

a)

20

b)

14

c)

10

d)

22

8.

The values which divides the series into ten equal parts is called . . . . .

a)

Median

b)

Quartile

c)

Decile

d)

Percentile

9.

The value of the variable at which the curve reaches the maximum is

a)

Mean

b)

Median

c)

Percentile

d)

Mode

10.

Which one of the following is the relationship between mean, median and mode

a)

Mode = Median - Mean

b)

Mode = Median - 2 Mean

c)

Mode = 3 Median - 2 Mean

d)

Mode = 3 Median - Mean

11.

The range of the given data 8, 5, 7, 10, 12, 6

a)

5

b)

7

c)

10

d)

12

12.

The co-efficient of range of the data is

a)

$\frac{Range}{L+S}$

b)

$L+S$

c)

$L-S$

d)

$LS$

13.

Co-efficient of Quartile Deviation is

a)

$\frac{Q_3+Q_1}{2}$

b)

$\frac{Q_3-Q_1}{2}$

c)

$\frac{Q_1-Q_3}{2}$

d)

$\frac{Q_3+Q_1}{4}$

14.

The arithmetic mean of the numbers 1, 2, 3, ..., n is

a)

$\frac{n+1}{2}$

b)

$\frac{2n+1}{2}$

c)

$\frac{n\left(n+1\right)}{2}$

d)

$\frac{n}{2}$

15.

Which of the measures of central tendency can be determined graphically

a)

Median

b)

Mode

c)

Mean

d)

Median & Mode

16.

The positional measure of central tendency is

a)

Mean

b)

Median

c)

GM

d)

Dispersion

17.

For the continuous series, $Q_1$

a)

$l+\frac{\frac{N}{4}-m}{f}$

b)

$l+\frac{\frac{N}{4}+m}{f}\times c$

c)

$l-\frac{\frac{N}{4}-m}{f}\times c$

d)

$l+\frac{\frac{N}{4}-m}{f}\times c$

18.

The co-efficient of range of the data 25, 35, 75, 30, 95, 60

a)

0.25

b)

0.5

c)

0.75

d)

1

19.

Calculated Average is

a)

Median

b)

Mode

c)

Geometric Mean

d)

Dispersion

20.

Which one is not an arithmetic mean

a)

Simple Arithmetic mean

b)

Combined Arithmetic mean

c)

Weighted Arithmetic mean

d)

Geometric Arithmetic mean

Business Statistics HCC Quiz 1

Total questions: 20

Worksheet time: 18mins

Similar Resources on Wayground