Business statistics questions and answers pdf 2022

Do statistics give clear answers?
It refers. to techniques or methods relating to collection, classification, presentation, analysis. and interpretation of quantitative data.
Definition. ------ Statistics may be defined as the collection, presentation, analysis and interpretation..
What are some good statistical questions?
Statistics rarely give a simple Yes/No type answer to the question under analysis.
Interpretation often comes down to the level of statistical significance applied to the numbers and often refers to the probability of a value accurately rejecting the null hypothesis (sometimes referred to as the p-value)..
What is business statistics in B Com 1st year?
There are two common types of statistics used in business, descriptive statistics and inferential statistics..

How many questions are compulsory in statistics?

One question from each unit is compulsory

All questions carry equal marks

Define statistical science? Discuss the importance and limitations of statistics

Explain the meaning and scope of statistics

The marks obtained by ten students in an examination are given below

Calculate mean by short cut method

3 Define skewness?

Bachelor of Business Administration (Second Semester) EXAMINATION, MAY-JUNE, 2022 BUSINESS STATISTICS (108) Note : Attempt all the five questions

One question from each unit is compulsory

All questions carry equal marks 1

Define statistical science? Discuss the importance and limitations of statistics