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Important Questions for "business statistics":

[1]

  1. Distinguish between correlation and regression.
  2. Calculate the arithmetic mean, median, and mode from the given frequency distribution.
  3. Discuss briefly the different methods of sampling. Also explain their merits.

[2]

  1. What is meant by measures of central tendency?
  2. What is the importance of Skewness?
  3. Discuss the usefulness of probability in business.

[3]

  1. Distinguish between stratified random sampling and cluster sampling.
  2. What do you understand by graphical representation? What are the various techniques?
  3. Define measure of central tendency. Explain its various types.

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