Category: VBQs for Class 11

Very Short Answer Type Questions Question. What is inter quartile range?.Answer : The difference in the two values of quartile is called inter quartile range (Q3 Q1) Question. What is Lorenz Curve?Answer : Lorenz curve is the graphic presentation of studying dispersion. Question. Which graphical method is used to measure dispersion?Answer : Lorenz curve method […]

Question. What is meant by organization of data?Answer : Organization of data refers to the systematic arrangement of figures in such a form that comparison of masses of similar data may be facilitated and further analysis may be possible. Question. What is meant by homogeneity of data?Answer : Classification is the grouping of related facts into […]

Very Short Answer Type Questions Question. What do you mean by primary data?Answer : Primary data are original data which are collected by investigator himself or by enumerates deployed by the investigator for specified purpose. Question. Write the meaning of population in statistics.Answer : In statistics population or universe simply refers to an aggregate of items to […]

Very Short Answer Type Questions Question. What is meant by correlation?Answer : Correlation is a statistical tool which studies the relationship between two variables. Question. What is negative correlation?Answer : The correlation is said to be negative when the variables move in opposite direction. Question. What is the range of simple correlation coefficient?Answer : 1 ≤ r ≤ 1 Question. […]

Very Short Answer Type Questions Question. What is meant by tabulation?Answer : The method of arranging data orderly in form of rows and columns is known as tabulation. Question. What is meant by manifold table?Answer : Manifold table shows more than three characteristics of the data. Question. State the meaning of sub divided bar diagramsAnswer […]

Very Short Answer Type Questions Question. Define economics.Answer : Economics is the study of how people and society choose the scare resources that could have alternative uses to satisfy their unlimited wants. Question. Write the meaning of statistics in plural sense.Answer : In plural sense statistics means numerical facts which have been systematically collected. Question. State one […]

Very Short Answer Type Questions Question. What do you mean by index numbers?Answer : An index number is a statistical device for measuring changes in the magnitude of a group of related variables. Question. Define base year.Answer : Base year is the year of reference from which we want to measure extent of change in the current […]

Very Short Answer Type Questions Question. What are the types of mean?.Answer : There are two types of mean simple and weighted. Question. Give the meaning of arithmetic average.Answer : When the sum of all items is divided by their number is known as arithmetic average. Question. Pocket money of 8 students is Rs. 6,12,18, […]

Question. The statement “If x2 is not even, then x is not even” is converse of the statement(a) If x2 is odd, then x is even(b) If x is not even, then x2 is not even(c) If x is even, then x2 is even(d) If x is odd, then x2 is even Question. Which of the following is a statement?(a) […]

Chapter 1 Business Trade and Commerce Chapter 2 Forms of Business Organisation Chapter 3 Private Public and Global Enterprises Chapter 4 Business Services Chapter 5 Emerging Modes of Business Chapter 6 Social Responsibilities of Business and Business Ethics Chapter 7 Formation of a Company Chapter 8 Sources of Business Finance Chapter 9 Small Business and […]