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Published on: 09/11/2020
12th Standard Business Maths Applied Statistics English Medium Free Online Test One Mark Questions 2020 - 2021
Download Tamil Nadu 12th Standard Business Maths and Statistics question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.
Questions + Answers key
Take MCQ Business Maths and Statistics Test

1.
Chance variation does not affect _____ of the product
price
value
quantity
quality
2.
An additive model of time series with the components T, S, C and I is __________
y = T + S + C - I
y = T + S x C + I
y = T + S + C + I
y = T + S + C x I
3.
The causes leading to vast variation in the specification of a product are usually due to _____
random process
assignable causes
non-traceable causes
all the above
4.
While computing a weighted index, the current period quantities are used in the: ________.
Laspeyre’s method
Paasche’s method
Marshall Edgeworth method
Fisher’s ideal method
5.
Consumer price index are obtained by: ________.
Paasche’s formula
Fisher’s ideal formula
Marshall Edgeworth formula
Family budget method formula
6.
Laspeyre’s index = 110, Paasche’s index = 108, then Fisher’s Ideal index is equal to: ________.
110
108
100
109
7.
Another name of consumer’s price index number is: ________.
Whole-sale price index number
Cost of living index
Sensitive
Composite
8.
The component of a time series attached to long term variation is trended as ________.
Cyclic variation
Secular variations
Irregular variation
Seasonal variations
9.
Least square method of fitting a trend is ________.
Most exact
Least exact
Full of subjectivity
Mathematically unsolved
10.
1.
(d)
quality
2.
(c)
y = T + S + C + I
3.
(b)
assignable causes
4.
(b)
Paasche’s method
5.
(d)
Family budget method formula
6.
(d)
109
7.
(b)
Cost of living index
8.
(b)
Secular variations
9.
(a)
Most exact
10.
(d)
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Tamilnadu Stateboard 12th Standard Subjects

Maths

Chemistry

Physics

Biology

Computer Science

Business Maths and Statistics

Economics

Commerce

Accountancy

History

Computer Applications

Biology

Computer Technology

Computer Applications

Computer Science

Business Maths and Statistics

Commerce

Economics

Maths

Chemistry

Physics

Computer Technology

History

Accountancy

Tamil

English

French
Tamilnadu Stateboard Standards