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Business Statistics

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

It is the middle value of the given list of data when arranged in an order.

a)

Mode

b)

Median

c)

Mean

d)

None of these

2.

It is the value that appears the most often in a data set

a)

Mean

b)

Median

c)

Mode

d)

None of These

3.

It is the average of the given numbers and is calculated by dividing the sum of given numbers by the total number of numbers. 

a)

Mean

b)

Median

c)

Mode

d)

None of these

4.

It is defined as the reciprocal of the average of the reciprocals of the data values.

a)

Arithmetic Mean

b)

Weightage Average

c)

Geometric Mean

d)

Harmonic Mean

5.

It is the average value or mean which signifies the central tendency of the set of numbers by finding the product of their values.

a)

Weightage Average Mean

b)

Geometric Mean

c)

Harmonic Mean

d)

Arithmetic Mean

6.

This method involves randomly selecting a sample from the population without any bias.

a)

Simple Random Sampling

b)

Systematic Random Sampling

c)

Stratified Random Sampling

d)

Cluster Random Sampling

7.

This method involves dividing the population into subgroups or strata and selecting a random sample from each stratum.

a)

Quota Sampling

b)

Judgement Sampling

c)

Convenience sampling

d)

Stratified Random sampling

8.

This method involves selecting every nth member of the population after a random starting point is chosen.

a)

Systematic Sampling

b)

Purposive Sampling

c)

Snowball Sampling

d)

None of these

9.

It is a non-probability sampling technique where samples are selected from the population only because they are conveniently available to the researcher.

a)

Cluster Sampling

b)

Quota Sampling

c)

Systemic Sampling

d)

Convenience Sampling

10.

In this method, researchers select the samples based purely on the researcher’s knowledge and credibility.

a)

Quota Sampling

b)

Snowball Sampling

c)

Judgement Sampling

d)

None of these