Name of the University : Vardhman Mahaveer Open University
Degree : BBA
Subject Code/Name : BBA-05 – Fundamentals of Business Statistics
Year : I
Document Type : Question Bank
Website : vmou.ac.in
Download Model/Sample Question Paper : https://www.pdfquestion.in/uploads/vmou.ac.in/3492-BBA-05_239.pdf
VMOU Fundamentals of Business Statistics Question Paper
Time: 3 Hours
Max. Marks: 80
Note: The question paper is divided into three sections A, B & C. Write Answers as per the given instructions.
Related : Vardhman Mahaveer Open University BBA03 Business Economics BBA Question Bank : www.pdfquestion.in/3491.html
Section A
Very Short Answer Type Questions :
1. Nature of Statistics.
2. Statistical Unit.
3. Primary and Secondary Data.
4. Classification and Tabulation.
5. Collection of data.
6. Difference between primary and secondary data.
7. Questionnaire.
8. Characteristics of classification.
9. Importance of Tabulation.
10. Diagrams.
11. Classification of Graphs.
12. What is arithmetic Average or mean-
13. What is Mode-
14. Crude Death Rate.
15. Quartile Deviation.
16. Mean Deviation
17. Skewness.
18. Bowley’s Measure.
19. Moments.
20. Kurtosis.
Section B
Short Answer Type Questions :
1. Explain the Classification of Diagrams.
2. What do you mean by dispersion-
3. State the various types of Kurtosis.
4. Define Index number and mention its uses.
5. Addition and multiplication theorems of probability.
6. Differentiate between Interpolation and Extrapolation.
7. Different stages of statistical investigation.
8. Distinguish between seasonal variations and cyclical fluctuations.
9. Various methods of measure ‘Association of Attributes’.
10. Frequency Polygon and Histogram.
11. Differentiate between Classification & Tabulation.
12. Precautions should be taken in making use of any published index numbers.
13. Define statistics and explain its scope.
14. Explain the various sources of secondary data.
15. Explain the classification of Diagrams.
16. Distinguish between Crude Death Rate and Standardised Death Rate.
17. What do you mean by Dispersion-
18. Differentiate between fixed base and chain base index methods.
19. Why is Probable Error important-
20. What is Rank Correlation-
Section C
Long Answer Type Questions :
1. What are the main advantages of graphic presentation-
2. State the relationship between Mode, Median and Arithmetic Mean.
3. What do you mean by Mean Deviation- What are its advantages and disadvantages-
4. State and explain Fisher’s Ideal Formula for Price Index Number and why is it called Ideal-
5. Write assumptions of Karl Pearson’s coefficient of correlation.
6. What is the concept of Standard error of estimate in regression- State its utility.
7. What do you mean by short term oscillations- Explain the terms regular and irregular fluctuations.
8. What do you understand by the term Interpolation and Extrapolation-
9. State the conditions under which langrage’s method is used-
10. What do you understand by Association of Attributes- Discuss the methods by which it is measured.
What do you mean by Reasonable Degree of Accuracy?
12. What is questionnaire? What are the chief requirements of a good questionnaire for use in statistical inquiry?
13. What are the main advantages of graphic presentation?
14. State the relationship between Mode, Median and Arithmetic Mean.
15. What do you mean by Mean Deviation? What are its advantages and disadvantages?
16. State and explain Fisher’s Ideal Formula for Price Index Number and why is it called Ideal?
17. Write assumptions of Karl Pearson’s coefficient of correlation.
18. What is the concept of Standard error of estimate in regression? State its utility.
19. What do you mean by short term oscillations? Explain the terms regular and irregular fluctuations.
20. What do you understand by the term Interpolation and Extrapolation?
21. State the conditions under which langrage’s method is used?
22. What do you understand by Association of Attributes? Discuss the methods by which it is measured.
23. Define Probability and explain importance of this concept.
24. Calculate Karl Pearson’s based on median from the following data :
Size 0-10 10-20 20-30 30-40 40-50 50-60
Frequency 33 28 25 24 20 21