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12th Grade > Mathematics

STATISTICS AND COLLECTION OF STATISTICAL DATA MCQs

Statistics, Introduction To Statistics, Collection Of Data (11th And 12th Grade)

Total Questions : 105 | Page 1 of 11 pages
Question 1. Problem of choice arises when there are _____ .
  1.    multiple resources having limited uses
  2.    limited resources having multiple uses
  3.    limited resources having limited uses
  4.    multiple resources having multiple uses
 Discuss Question
Answer: Option B. -> limited resources having multiple uses
:
B
The problem of choices arises when there are multiple alternatives and limited resources. In this case, a choice between one or the other has to be made.
Question 2. The mean of 5 numbers is 18. If one number is excluded, their mean becomes 16. Then the excluded number is
  1.    18
  2.    25
  3.    26
  4.    30
 Discuss Question
Answer: Option C. -> 26
:
C
Sum of total number =18×5=90
After one number excluded
Sum of total number =16×4=64
Then, excluded number is 9064=26
Question 3. An app-based taxi company 'Drivo' has the following questions in the feedback form that it gives to its customers.
A- Was the driver professional?
B - Would you recommend Drivo to a friend?
C- Were you satisfied with the ride?
Identify the correct sequence of the questions in the feedback form.
  1.    B-A-C
  2.    B-C-A
  3.    C-A-B
  4.    C-B-A
 Discuss Question
Answer: Option C. -> C-A-B
:
C
Questions must move from more general to more specific. Hence, C-A-B is the correct sequence
Question 4. A company X was acquired by another company Y. Company Y came into possession of customer feedback data collected by company X. What can be said about the nature of the data?
  1.    The data is primary data as company X is owned by company Y.
  2.    The data is primary data only if used for the purpose envisioned by the company X.
  3.    The data is secondary as it was collected by company X for its own purpose.
  4.    None of these
 Discuss Question
Answer: Option C. -> The data is secondary as it was collected by company X for its own purpose.
:
C
The data collected by another party is classified as secondary data irrespective of the purpose which it is used for.
Question 5. Which of the following comes under the study of consumption?
  1.    The effect of income on consumer behaviour
  2.    The effect of price on consumer behaviour
  3.    The choice of a consumer, given the alternatives
  4.    All of these
 Discuss Question
Answer: Option D. -> All of these
:
D
The study of consumer behaviour comes under the study of consumption.
Question 6. When resources are limited_____.
  1.    needs are prioritised over wants
  2.    wants are prioritised over needs
  3.    both needs and wants have equal priority
  4.    priority varies according to persons
 Discuss Question
Answer: Option A. -> needs are prioritised over wants
:
A
When resources are limited, a person prioritises his/her needs over wants.
Question 7. Which of the following factors is/are conducive to scarcity? 
  1.    Minimal or limited human wants
  2.    Unlimited availability of resources
  3.    Unlimited human wants
  4.    Limited availability of resources
 Discuss Question

:
C and D
Unlimited human wants and limited availability of resources lead to scarcity.
Question 8. A consumer is one who produces goods and services for the generation of income.
  1.    True
  2.    False
 Discuss Question
Answer: Option B. -> False
:
B
A consumer is the one who uses or 'consumes' a product or service.
Question 9. Which of the following is not a source of primary data?
  1.    Surveys
  2.    Observations
  3.    Experiments
  4.    Government-published records
 Discuss Question
Answer: Option D. -> Government-published records
:
D
Only the data directly collected by a person or an entity is primary data. Therefore, government-published records are secondary data.
Question 10. Questionnaire is a list of questions prepared by the investigator on the subject of enquiry.
  1.    True
  2.    False
 Discuss Question
Answer: Option A. -> True
:
A
The given statement describes questionnaires correctly.

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