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12th Standard English Medium Business Maths Subject Applied Statistics Creative 1 Mark Questions with Solution Part - I

12th Standard

    Reg.No. :
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Business Maths

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. Most commonly used index numbers are _________ index number

    (a)

    diffusion

    (b)

    price

    (c)

    value

    (d)

    none of these

  2. Chance variation in the manufactured product is __________

    (a)

    controllable

    (b)

    not controllable

    (c)

    both (a) and (b)

    (d)

    none of these

  3. Variation due to assignable causes in the product occur due to, _____

    (a)

    faulty process

    (b)

    carelessness of operators

    (c)

    poor quality of raw material

    (d)

    all the above.

  4. The causes leading to vast variation in the specification of a product are usually due to _____

    (a)

    random process

    (b)

    assignable causes

    (c)

    non-traceable causes

    (d)

    all the above

  5. Most frequently used index number formulae are_____

    (a)

    weighted

    (b)

    unweighted

    (c)

    fixed weighted

    (d)

    none of these

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