WorksheetsBusiness Statistics
Total questions: 10
Worksheet time: 5mins
It is the middle value of the given list of data when arranged in an order.
Mode
Median
Mean
None of these
It is the value that appears the most often in a data set
Mean
Median
Mode
None of These
It is the average of the given numbers and is calculated by dividing the sum of given numbers by the total number of numbers.
Mean
Median
Mode
None of these
It is defined as the reciprocal of the average of the reciprocals of the data values.
Arithmetic Mean
Weightage Average
Geometric Mean
Harmonic Mean
It is the average value or mean which signifies the central tendency of the set of numbers by finding the product of their values.
Weightage Average Mean
Geometric Mean
Harmonic Mean
Arithmetic Mean
This method involves randomly selecting a sample from the population without any bias.
Simple Random Sampling
Systematic Random Sampling
Stratified Random Sampling
Cluster Random Sampling
This method involves dividing the population into subgroups or strata and selecting a random sample from each stratum.
Quota Sampling
Judgement Sampling
Convenience sampling
Stratified Random sampling
This method involves selecting every nth member of the population after a random starting point is chosen.
Systematic Sampling
Purposive Sampling
Snowball Sampling
None of these
It is a non-probability sampling technique where samples are selected from the population only because they are conveniently available to the researcher.
Cluster Sampling
Quota Sampling
Systemic Sampling
Convenience Sampling
In this method, researchers select the samples based purely on the researcher’s knowledge and credibility.
Quota Sampling
Snowball Sampling
Judgement Sampling
None of these
