MB0024_Statistics_for_Management-new

# MB0024_Statistics_for_Management-new - MODEL PAPER MB0024...

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MODEL PAPER MB0024 Statistics for Management (3 Credits) Group A: 1 Marks Questions (Question Number 1-40) Group B: 2 Marks Questions (Question Number 41-60) Group C: 4 Marks Questions (Question Number 61-75) Full Marks: 140 Please Answer All Questions Only One Option is Correct Group A 1. Statistics are collected in a a. Random Manner b. Whims & Fancies c. Systematic manner d. Haphazard manner 2. In industry Statistics is applied in the following areas a. Plant layout b. Quality control c. No. of vendors d. Transfers of Managers 3. In which of the following cases, we can make statistical analysis (a) Data only on winning margin of a legislative candidate (b) Data on result of football final match in a tournament (c) Mark-sheet of a student (d) Number of people died in a bus accident 4. Statistical Survey is a scientific process of

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a. Collection of data b. Collection and analysis of data c. Analysis of data d. Collection and analysis of numerical data 5. Control methods adopted in a survey at every stage is to check e. Cost f. Time consumed g. Accuracy h. Accuracy, measurement analysis and interpretation 6. The data collected for the first time is known as a. Data b. Primary data c. Secondary data d. Series 7. When the area to be covered is very large and periodic information is required then the method of collection is done by a. Direct personal observation b. Indirect oral interview c. Through Questionnaires d. Through local agencies 8. In classification each unit is allotted to a. overlapping group b. Only one group c. Two or more groups d. None of the groups 9. Data classified according to the time of occurrence is known as a. Qualitative classification
b. Conditional classification c. Chronological classification d. Geographical classification 10. Classification of workers according to education and skill is called. a. Two-way b. Manifold c. One-way d. Time series 11. Data arranged logically according to size is known as e. Chronological classification f. Quantitative classification g. Statistical series e. Manifold classification 12. Measure of central tendency are of a. Second order b. Zero order c. First order d. No order 13. A good measure of Average should be a. Affected by extreme values b. Affected by sampling fluctuations c. Based on all values d. Comparable 14. The average value of -4, -3, 0, 3, 4 is a. 1 b. 2 c. 3

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d. 0 15. Median of discrete even series is given by a. [(n + 1) / 2] th value b. n / 2 th value c. 5 th value d. [(n + 1) / 4] th value 16. To find median value data should be arranged in e. Any order f. Alternatively high and low values g. Ascending order h. Haphazard way 17. Whenever data deals with speed, distance and time then the best average is a. Median b. Mode c. G.M. d.
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## This note was uploaded on 01/21/2011 for the course BA 1 taught by Professor Spilt during the Spring '10 term at Court Reporting Institute of Dallas.

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MB0024_Statistics_for_Management-new - MODEL PAPER MB0024...

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