Statistics is a branch of applied mathematics concerned with the collection, description, analysis, and inference of conclusions from numerical data. The mathematical theories of statistics make extensive use of differential and integral calculus, probability theory, and linear algebra. The ability to make appropriate conclusions about large groups and general occurrences from the actions and other visible traits of small samples is of particular importance to statisticians. These tiny samples represent a subset of a broader group or a limited number of similar occurrences.
Describing the characteristics of samples and populations using descriptive statistics and inferential statistics, respectively, are two of the most important fields of statistics.
Salient Features of Statistics
- Statistics is the study and data manipulation, which includes methods for data collection, examination, analysis, and conclusion.
- Descriptive and inferential statistics are the two main types of statistics.
- Statistics can help you make better business and investment choices.
Uses of Statistics
Statistics are commonly employed in a variety of applications and occupations. Statistics are created whenever data is collected and examined. This can include everything from government organizations to academic research to financial analysis.
Economists gather and analyze a wide range of data, housing starts, including consumer spending, GDP growth, and inflation. Analysts and investors in finance gather information on businesses, industries, sentiment, and market price and volume data. The use of inferential statistics in various domains is referred to as econometrics. Statistical inference is used in a number of major financial models, including CAPM, Modern Portfolio Theory (MPT), and the Black-Scholes options pricing model.
Following are some of the multiple choice questions on the Statistics with answers that will help the students in developing their knowledge.
Statistics MCQ
2. If you score 76, 85, 97, and 83 on your math tests, what would your median score be?
3. The mode score on the 6th grade math test was 94! Which of these interpretations must be correct?
4. To find the average or mean of a set of numbers, add up all the items and divide by...
5. What is the MODE of a data set?
6. Find the median, mode and range: 3, 5, 7, 9, 11, 8, 3
7. 33, 25, 42, 25, 31, 37, 46, 29, 38What is the interquartile range of the data?
8. Which of the following is a population?
9. A data set can have more than one median?
10. What is the RANGE of a data set?
11. What is the MEDIAN of a data set?
12. Which of the following is an example of a statistical question?
13. What makes a question statistical?
14. What is the MEAN of a data set?
16. Is the following question statistical or non statistical?How many siblings does each Longview student have?
17. A company makes DVDs and randomly selects 25 from 1500 to test them to see if they work.
18. To find the mean of a set of numbers, add up all the items and divide by...
19. What is the median of this data?0, 2, 4, 6, 8, 9
20. What is the mode of the following data set?{5, 9, 5, 2, 7, 10}
21. What is the median of the following data set?{5, 9, 5, 2, 7, 10}
22. What is the median of the following data set? 25, 42, 36, 12, 19
23. What does the MAD tell us about a data set?
24. How do you find the range of a set of data?
25. What is the mean of this set of data? 2, 15, 7
26. A data set can have more than one mode
27. Which answer shows numerical data?
28. Which event is not a dependent event?
29. Temperature and number of people wearing jackets
30. Which could be a sample?
31. What does it mean for a graph of data to be SYMMETRICAL?
32. What does it mean for a graph of data to be SKEWED LEFT?
33. What does it mean for a graph of data to be SKEWED RIGHT?
34. Find the median of20 30 40 50 60
35. A public library asked every 10th person who entered to name the type of book they were getting
36. Which answer shows categorical data?
37. Probability can be between what two numbers?
38. Amount ofâEducation and Amount of income
39. Distance traveled vs. amount of gas in the car
40. At a football game, a researcherrandomly asks 100 people to nametheir favorite sport. Is this a biasedsample?
41. What is the MAD of the following set of data? Round your answer to the nearest tenth. 2, 4, 18, 10, 7, 13
42. Roger has the following data:12, 10, 3, 5, 6Susan has the following data:5, 9, 4, 5, 6Who has the data with the highest median and what is it?
43. What is the LE/min and UE/max of the following data:15, 20, 5, 10, 2, 3, 19, 7, 11
44. A website asks a visitor to fill out anonline survey. Is this a random sample?
45. What is the mean?4, 5, 6, 7, 3, 4, 10, 1
46. Find the mode:3.8, 4.2, 4.0, 4.2, 4.2
47. Marco bowled 7 games last weekend. His scores are: 155, 165, 138, 172, 127, 193, 142. What is the range of Marco's scores?
48. What is the median of this data set?3 , 17 , 17 , 11 , 8 , 13 , 5 , 18
49. In order to find the median, the data must be sorted from least to greatest first.
50. -difference between the largest and smallest value of a data set
Enjoyed the Quiz. Share this with friends
