BC02 Business Statistics B.Com Question Bank : vmou.ac.in

Name of the University : Vardhman Mahaveer Open University
Degree : B.Com
Subject Code/Name : BC-02 – 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/3501-BC-02_227.pdf

VMOU 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.

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Section – A

Very Short Questions :
1. Give a main definition of statistics in singular sense.
2. Enumerate four main characteristics of data (Statistics).
3. Name four principal methods of statistics.
4. Point out the main object of statistics.
5. State four areas where applied statistics in used.
6. What is the meaning of collection of data-
7. What are primary data-
8. State the meaning of secondary data.
9. Give one example for the difference between primary and secondary data.
10. State two differences between direct personal investigation and indirect oral investigation.

11. What do you understand by classification according to attributes-
12. What is the meaning of classification according to variables-
13. Give an example of discrete variable.
14. What is the meaning of inclusive series-
15. Give an example of exclusive series.
16. What is the meaning of cumulative frequency-
17. What is bi-variate frequency distribution.
18. What do you mean by measures of central tendency-
19. State different types of statistical averages.
20. Define arithmetic mean.

Section – B

Short Questions :
1. Give the definition of statistical data and clearly describe its functions and limitations-
2. Discuss the scope and importance of statistics in detail.
3. Statistics may be defined as the collection, presentation, analysis –
4. Examine critically the important methods of collection of primary data –
5. What are the various methods of collecting statistical data –
6. Clearly distinguish between primary data and secondary data-
7. What is questionnaire- Describe the merits and demerits-
8. Explain the rules of additive theorem with illustration.
9. From the following data prepare a discrete series-

Section – C

Essay type Questions :
1. Statistics is said to be both science and an art , why – explain
2. State four limitations of statistics
3. Discuss the scope of statistics in brief
4. Give the definition of statistics in singular and plural sense.
5. Explain importance of statistics
6. Distinguish between primary and secondary data
7. Name principal methods of collection of primary data
8. Differentiate clearly between a questionnaire and a schedule
9. Name the sources of collection of secondary data
10.Describe the merits and demerits of collecting information through schedules –
11.Explain the types of statistical series
12. Differentiate between exclusive series and inclusive series
13. State the characteristics of geometric mean.
14. State the uses of harmonic mean.
15. Explain the uses of median and mode giving examples
16. What is Semi-Inter-Quartile Range- State its merits and demerits
17. State the demerits of mean deviation.
18. What is skewness- State the names of its measurements
19. Explain the linear correlation between two variables.
20. State the general rules for interpreting coefficient of correlation.