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Business Statistics_4

Vidhyabhyas Business Statistics_4

Statistical Investigation: Planning and Organization

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#1. What is the first step in a statistical investigation?

a) Data interpretation

b) Planning of investigation

c) Collection of data

d) Analysis of data

#2. A well-planned statistical investigation ensures:

a) Wastage of time

b) Confusing results

c) Efficient and reliable results

d) Ambiguous findings

#3. In statistics, ‘universe’ refers to:

a) The outer space

b) The totality of observations relevant to the study

c) A limited group only

d) Only primary data

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