B.com 3rd Year Business Statistics Imp Questions 2024

Today you will get the collection of b.com 3rd year business statistics important questions 2024 for the preparation of the exam. 

These questions are beneficial to those students, who are recently passed from the second year and appeared in the third year. 

This subject is the application of statistics to analyze business data in detail.  

This subject information helps the company to forecast the business states, testing correlations. 

These steps help the company authority to judge the necessary points for improvement. 

That means business statistics subject is the mirror of the company's performance.  

If you have strong math skills, you can definitely make a career in the business statistics field. 

Because this subject is totally based on mathematical calculations. 

So, before preparing to write the answer in your notebook, read the related chapter in detail. 

Understand the concept of the lesson. Memorize the formula. 

Then write the questions in your notebook. 

Solve the questions or write the answer in your own words with the help of a business statistics book. 

This will be a very decent business statistics note for you. 

B.com 3rd year business statistics important questions and answers will be very helpful at the time of examinations. 

This will improve your confidence level to face the examination.

Let's start.

B.com 3rd Year Business Statistics 

B.com 3rd Year Business Statistics Question Paper

  • Mention the two properties of the correlation coefficient.
  • Define price index number and quantity index number.
  • Define Statistics.
  • Explain distrust of statistics.
  • What are two Dimensional Diagrams?
  • If the mode and mean of a moderately skewed series are 30.2 and 20.4 respectively, what would be its Median?
  • Compute Harmonic Mean from the following data:- X: 125, 82, 65, 2.75, 1.73, 0.56 and Y: 4, 8, 10, 6, 4, 2
  • Find out the value of Quartile Deviation from the following data - Roll No. - 1,2,3,4,5,6,7 and Marks are 30, 42, 60, 18, 45, 24, and 75 respectively.
  • What are Types of Correlation?
  • Define Statistics in both plural and singular sense. Explain its scope.
  • Define Sampling. Discuss various Sampling Techniques.
  • Write Horace Secrist's definition of Statistics. 
  • What is the difference between Diagrams and Graphs?
  • Comment on the data given below by stating the reason: (State whether the data is right or wrong along with the reasons) AM = 4.5, GM = 4.192, and HM = 4.32,
  • Calculate the Harmonic Mean for the data given below 2,14,36,120,150 and 180.
  • Define Dispersion.
  • Explain the characteristics of statistics.
  • Explain the steps involved in a statistical investigation.
  • Calculate AM from the following data: 10,20,15,18,30.
  • Define mutually exclusive events.
  • What are the probabilities of an impossible event and a certain event?
  • What do you mean by the cost of living index number?
  • Write the main objectives of the time series analysis.
  • Define parameter.
  • Find the probability that a leap year selected randomly will contain 53 Sundays.
  • Prove the coefficient of correlation is the geometric mean of the two regression coefficients.
  • What are the components of time series? Discuss any one of them.
  • What is the number of terms in the series 5,7,9,… if its sum is 1020?
  • If nP4 = 12 x nP2 then find the value of n. 
  • If n arithmetic means be Inserted between 1 and 100 such that third mean: eight mean = 2: 5 find the value of n. 
  • The third term of a G.P. is 12 and 6th term is 96. Find the sum of nine terms. 
  • From 7 gentlemen and 4 ladies, a committee of 5 is to be formed. In how many ways can this be done, so as to include at least one lady?
  • What is a Questionnaire? What are the essentials of a good questionnaire?
  • What is the difference between census and sampling methods? 
  • Find the first quartile, second quartile, and third quartile from the following data: 07, 32, 39, 20, 15, 45, 35, 12, 08, 22, 25, 02, 26, 28, 42

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