Business Statistics Basics MCQs

Welcome to our comprehensive collection of Multiple Choice Questions (MCQs) on Business Statistics Basics, a fundamental topic in the field of Business Statistics. Whether you're preparing for competitive exams, honing your problem-solving skills, or simply looking to enhance your abilities in this field, our Business Statistics Basics MCQs are designed to help you grasp the core concepts and excel in solving problems.

In this section, you'll find a wide range of Business Statistics Basics mcq questions that explore various aspects of Business Statistics Basics problems. Each MCQ is crafted to challenge your understanding of Business Statistics Basics principles, enabling you to refine your problem-solving techniques. Whether you're a student aiming to ace Business Statistics tests, a job seeker preparing for interviews, or someone simply interested in sharpening their skills, our Business Statistics Basics MCQs are your pathway to success in mastering this essential Business Statistics topic.

Note: Each of the following question comes with multiple answer choices. Select the most appropriate option and test your understanding of Business Statistics Basics. You can click on an option to test your knowledge before viewing the solution for a MCQ. Happy learning!

So, are you ready to put your Business Statistics Basics knowledge to the test? Let's get started with our carefully curated MCQs!

Business Statistics Basics MCQs | Page 8 of 9

Discover more Topics under Business Statistics

Q71.
The number of employees according to human resource manager is an example of
Discuss
Answer: (b).discrete variable
Q72.
The characteristics that are intended to be analyzed and investigated for a given population are classified as
Discuss
Answer: (c).variables
Q73.
The uses of index numbers includes
Discuss
Answer: (d).all of above
Q74.
The type of questions included in questionnaire to record responses in which the respondents have set of alternatives are classified as
Discuss
Answer: (b).close ended questions
Q75.
The focus groups, individual respondents and panels of respondents are classified as
Discuss
Answer: (d).primary data sources
Q76.
The variables whose measurement is done in terms such as weight, height and length are classified as
Discuss
Answer: (a).continuous variables
Q77.
The technique used to analyze unemployment rate, inflation rate anticipation and capacity utilization to manufacture goods is classified as
Discuss
Answer: (b).forecasting technique
Q78.
The numerical methods and graphical methods are specialized procedures used in
Discuss
Answer: (c).descriptive statistics
Q79.
The measure of how well is a technique, concept or process is considered as
Discuss
Answer: (c).validity
Q80.
The branch of statistics which considers the ratio scale and interval scale is considered as
Discuss
Answer: (a).parametric statistics
Page 8 of 9