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Statistics for Management

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Course Name        MBA (Master of Business Administration)

Subject Code       MB0024 (Statistics for Management )

Get Questions        PART - A    PART - B    PART - C

Subject : Statistics for Management

     MB0024 : PART - B    

Q. 1	In case of continuous frequency distribution, in the median formula, c and m stand for _____
	A)	Cumulative Frequency, Median Class
	B)	Cumulative Frequency, Cumulative Frequency corresponding to the class preceding the median class
	C)	Width of the Median Class, Cumulative Frequency corresponding to the class preceding the median class
	D)	Width of the Median Class, Median Class
Q. 2	Calculate Mean Deviation from median. Number of T.V. sets sold: 18, 16, 16, 19, 12, 14, 20
	A)	2.143
	B)	2.431
	C)	2.453
	D)	2.521
Q. 3	The assumptions used in Testing of Hypothesis are: 1. Use sample results to decide whether to use a twotailed, upper- tailed, or lower-tailed test 2. Before any data are collected, the form of the test is determined by what the decision ma
	A)	Only 1
	B)	Only 2
	C)	1 and 2
	D)	None of the above
Q. 4	State the True points with regards to Random Sampling: 1. Systematic sampling, stratified sampling, and cluster sampling attempt to approximate simple random sampling 2. The principles of simple random sampling are the foundation f
	A)	1-T, 2-T
	B)	1-T, 2-F
	C)	1-F, 2-T
	D)	1-F, 2-F
Q. 5	Weighted Index Numbers can be divided into: 1. Simple Aggregative Method 2. Simple Average of Relatives Method 3. Weighted Aggregative Method 4. Weighted Average of Relatives Method
	A)	1 and 2
	B)	3 and 4
	C)	1 and 3
	D)	2 and 4

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