**MCQ Questions on Statistics:** Below, You will find a list of Commerce MCQ Questions as per the latest prescribed syllabus. Ace up your preparation with the Objective Questions available on Statistics and enhance your subject knowledge. Understand the concept clearly by consistently practicing the Multiple Choice Questions and score well in your exams.

## MCQ Questions on Statistics

1. A numerical value used as a summary measure for a sample, such as a sample mean, is known as a

(a) Population Parameter

(b) Sample Parameter

(c) Sample Statistic

(d) Population Mean

**Answer**

Answer: (c)

2. Statistics branches include

(a) Applied Statistics

(b) Mathematical Statistics

(c) Industry Statistics

(d) Both A and B

**Answer**

Answer: (d)

3. To enhance a procedure the control charts and procedures of descriptive statistics are classified into

(a) Behavioural Tools

(b) Serial Tools

(c) Industry Statistics

(d) Statistical Tools

**Answer**

Answer: (a)

4. Sample statistics are also represented as

(a) Lower Case Greek Letter

(b) Roman Letters

(c) Associated Roman Alphabets

(d) Upper Case Greek Letter

**Answer**

Answer: (b)

5. Individual respondents, focus groups, and panels of respondents are categorised as

(a) Primary Data Sources

(b) Secondary Data Sources

(c) Itemized Data Sources

(d) Pointed Data Sources

**Answer**

Answer: (a)

6. The variables whose calculation is done according to the height, length, and weight are categorised as

(a) Discrete Variables

(b) Flowchart Variables

(c) Measuring Variables

(d) Continuous Variables

**Answer**

Answer: (a)

7. A method used to examine inflation rate anticipation, unemployment rate, and capacity utilization to produce products is classified as

(a) Data Exporting Technique

(b) Data Importing Technique

(c) Forecasting Technique

(d) Data Supplying Technique

**Answer**

Answer: (c)

8. Graphical and numerical methods are specialized process utilized in

(a) Education Statistics

(b) Descriptive Statistics

(c) Business Statistics

(d) Social Statistics

**Answer**

Answer: (b)

9. The scale applied in statistics which imparts a difference of magnitude and proportions is considered as

(a) Exponential Scale

(b) Goodness Scale

(c) Ratio Scale

(d) Satisfactory Scale

**Answer**

Answer: (c)

10. Review of performance appraisal, labour turnover rates, planning of incentives, and training programs and are examples of

(a) Statistics in Production

(b) Statistics in Marketing

(c) Statistics in Finance

(d) Statistics in Personnel Management

**Answer**

Answer: (d)