MODEL QUESTION PAPER

B.Com General-First Semester

Business Statistics

BCC 104

Q.

No

Question Option A Option B Option C Option D Correct

Answer

key

Ma

rks

Un

it

No

. Su

bs

ec

tion

. pa

ge

No

Bo

ok

ID

1 Information is processed from _____

data.

Pure Concrete Raw Valid C 1 1 1 6 B1

46

3

2 If information can affect a behavior or

decision or outcome, it is said to be

______.

Effective Valuable Pure True B 1 1 1 6 B1

46

3

3 The method of Questionnaire sent

through Enumerators is generally used

by:

Private

Individuals

Non-official

agencies

Large Public

enterprises.

Research

workers.

C 1 2 3.2 31 B1

46

3

4 The concept of percentage mainly

applies on ______.

Averages Ratios Medians Modes B 1 3 2 49 B1

46

3

5 Originally index numbers were evolved

to measure the changes in _____.

Population Prices Wages Production

output.

B 1 4 2 92 B1

46

3

6 Information should be ____ and _____. Context-specific

and timely

Complete and

Safe

Context-specific

and Complete

Safe and

Secure

A 2 1 1 6 B1

46

3

7 Observation is defined as __1__

behavioral patterns without __2__

communication.

1. Remem

bering

2. Active

1. Registe

ring

2. Written

1. Recordin

g

2. Verbal

1. Regist

ering

2. Active

C 2 2 2 29 B1

46

3

8 The Direct Personal Observation Method

for data collection is suitable only for

__1___ and not for __2__ enquires.

1. Intensiv

e

2. Extensiv

e

1. Extensi

ve

2. Intensi

ve

1. Inclusive

2. Exclusiv

e

1. Exclusi

ve

2. Inclusi

ve

A 2 2 2 30 B1

46

3

9 If the salary of an employee is 5000 in

the first year, 6000 in the 2nd

year and

7000 in the 3rd

year, what is his average

salary in these 3 years?

5500 6000 6250 6500 B 2 3 2.2 52 B1

46

3

10 In a graph, the independent variable

should be plotted on the __1__ while the

dependent variable should be plotted on

the __2__.

1. X-axis.

2. Y-axis.

1. Y-axis

2. X-axis

1. X-Plane

2. Y-Plane

1. Y-

Plane

2. X-

Plane

A 2 5 3 128 B1

46

3

11 Label the following pairs of sets as

Subsets (SB) and Supersets (SR):

a. (Information required for

decision-making) – (Value

adding Information)

b. (Usable Information) -

(Information collected)

a. (SR) –

(SB)

b. (SB) –

(SR)

a. (SB) –

(SR)

b. (SB) –

(SR)

a. (SR) –

(SB)

b. (SR) –

(SB)

a. (SB) –

(SR)

b. (SR) –

(SB)

A 4 1 2.3 10 B1

46

3

12 Match the methods to their formulae

of estimations:

a. Marshall-Edgeworth Method

b. Bowley-Drobisch Method

c. Kelly’s Method

d. Fisher’s Index

i. P01 = [∑P1q / ∑P0q ] x 100 ii. P01 ={ [∑P1q0 + ∑P1q1 ] /

[∑P0q0 + ∑P0q1 ]} x100 iii. P01 =Sq. Rt. {L x P} x 100 iv. P01 =(L+P)/2

a. iv

b. iii

c. ii

d. i

a. iii

b. ii

c. i

d. iv

a. ii

b. iv

c. i

d. iii

a. i

b. ii

c. iii

d. iv

C 4 4 2.1 100 B1

46

3

13 According to many statisticians, what is

the fundamental assumption of any time

series?

It is assumed

that the same

factors that

affected in the

past, will be

responsible for

future economic

activity

It is assumed

that the factors

that affected in

the past, will not

be responsible

for future

economic

activity

It is based on

regression

analysis

It is based on

average

calculation

A 4 8 8.2 195 B1

46

3

14 The acceptance of a hypotheses implies that there is____ .

no evidence from the sample that we should believe otherwise

enough evidence from the sample that we should believe otherwise

No defect in the sample

The population is homogenous

A 4 9 9.2 223 B1

46

3

15

Chi Square Test helps to access the

significance of difference between

High

Frequencies &

Low Frequencies

Observed

Frequencies &

Hypothetical

Frequencies

Expected

Frequencies &

Hypothetical

Frequencies

Observed

Frequencies &

Expected

Frequencies

D 4 10 10.1 242

B1

46

3