# Statistics And Quantitative Methods! Trivia Quiz

20 Questions | Total Attempts: 3344  Settings  • 1.
Which of the following statements about statistics is not correct?
• A.

Statistics is sometimes misused by statisticians.

• B.

Statistics has hardly any limitations.

• C.

Statistics is indispensable in the management of business enterprises.

• D.

Statistics is of two types: descriptive and inferential.

• 2.
Which of the following statements describes "Statistics" most appropriately?
• A.

Statistics is the science of counting.

• B.

Statistics is the science of averages.

• C.

Statistics is concerned with the collection, presentation and analysis of data leading to valid conclusions.

• D.

Statistics is the aggregate of facts.

• 3.
Which of the following is the most accurate method of classifying data?
• A.

Qualitative Method

• B.

Quantitative Method

• C.

Method depending on the nature of information required for a particular situation/ problem.

• D.

A & b

• 4.
The first step in the formation of a frequency table is?
• A.

Choosing a suitable size or width of class intervals.

• B.

Establishing the boundaries of each class intervals.

• C.

Deciding an appropriate number of class groupings.

• D.

Classifying the data into the appropriate classes.

• 5.
The sum of deviations taken from arithmatic mean is?
• A.

Minimum

• B.

Zero

• C.

Maximum

• D.

None of the rest options given here

• 6.
When calculating median of data set, the first step is:
• A.

Calculate the mean of two middle items in the data set

• B.

Arrange the data in ascending or descending order

• C.

Determine the relative weights of data values in terms of importance

• D.

None of the other given options

• 7.
Which of the following statements is not correct?
• A.

Extreme value in data affects the mean

• B.

Mean is also known as average

• C.

Some data sets do not have mean

• D.

At times weighted mean is much better than the simple mean

• 8.
Which of the following statement is not correct in respect of the range as a measure of dispersion?
• A.

It is difficult to calculate

• B.

Only two points in the data set determines it

• C.

It is affected by extreme values

• D.

There may be considerable change in it from one sample to another

• 9.
Which of the following is not true in respect of mean deviation?
• A.

It is simple to understand.

• B.

It considers each & every item in a series.

• C.

It is capable of further algebric treatment.

• D.

The extreme items have less effect on its magnitude.

• 10.
Which of the curves is more peaked than the normal curve?
• A.

Mesokurtic

• B.

Platykurtic

• C.

Lapokurtic

• D.

None of the rest

• 11.
In a symmetrical series:
• A.

Mode > mean

• B.

Mean > median

• C.

Mean < mode

• D.

Mean=mode=median

• 12.
If the outcome of one event doesnot influence another event, then the two events are:
• A.

Mutually exclusive

• B.

Dependent

• C.

Independent

• D.

Both a & c

• 13.
What is the probability of getting an even number when a die is tossed?
• A.

1/3

• B.

1/2

• C.

1/6

• D.

1

• 14.
What is the probability of drawing an ace from a bunch of playing cards?
• A.

1/10

• B.

1/13

• C.

1/52

• D.

1/4

• 15.
When the sample size increases, which of the following is correct?
• A.

The standard error remains unchanged

• B.

The standard error increases

• C.

The standard error declines

• D.

None of the rest options

• 16.
When the two regression lines coincide, then "r" is:
• A.

0

• B.

-1

• C.

1

• D.

.5

• 17.
What will be the range of "r" when we find that the dependent variable increases as the independent variable increases?
• A.

0 to -0.05

• B.

1 to 2

• C.

0.1 to 1

• D.

None of the rest options

• 18.
Which of the following correlation coefficients shows the highest degree of association?
• A.

-1

• B.

1

• C.

0.9

• D.

Both a & b

• 19.
When the correlation coefficient between x and y is positive, then as variable x decreases, variable y :
• A.

Remains the same

• B.

Increases

• C.

Decreases

• D.

Changes linearly

• 20.
Which of the following components is used for a short-term forecast?
• A.

Cyclical

• B.

Trend

• C.

Seasonal

• D.

None of the rest options

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