Statistics MCQs 2024 – Lahore Board Inter Part 2

Practice these 10 solved objective-type Statistics MCQs from the 224 – 1st Annual Inter Part 2 (Commerce Group) exam. Each question below includes the verified correct answer and a short explanation. Scroll down to attempt the interactive quiz version with instant scoring.

1. Battery life time is --- variable.

(A) Qualitative   (B) Discrete   (C) Comparable   (D) Continuous

Correct Answer: (D) Continuous — Battery life can take any value within a range (e.g. 5.2 hours, 5.25 hours), so it is a continuous variable.

2. Graph of class boundaries and frequency is:

(A) Histogram   (B) Ogive   (C) Historigram   (D) Bar chart

Correct Answer: (A) Histogram — A histogram plots frequency against class boundaries using adjacent bars.

3. One dimensional diagram is:

(A) Rectangular diagram   (B) Square diagram   (C) Simple bar chart   (D) Pie diagram

Correct Answer: (C) Simple bar chart — In a simple bar chart, only the length of each bar represents the data, making it one-dimensional.

4. Single value which represent a set of data:

(A) Symmetric   (B) Central tendency   (C) Skew-symmetric   (D) Quartile

Correct Answer: (B) Central tendency — A measure of central tendency (mean, median, or mode) is a single value used to represent an entire data set.

5. If Σx = 150, X̄ = 10 then n = ---:

(A) 10   (B) 50   (C) 5   (D) 15

Correct Answer: (D) 15 — Since X̄ = Σx / n, n = Σx / X̄ = 150 / 10 = 15.

6. Mode of 2, 7, 10, 15 is:

(A) Zero   (B) No mode   (C) 2   (D) 15

Correct Answer: (B) No mode — Since every value appears exactly once with no repetition, this data set has no mode.

7. The year of which index number is 100 known as:

(A) Current year   (B) Previous year   (C) Chain year   (D) Base year

Correct Answer: (D) Base year — By convention, the index number of the base year is always fixed at 100.

8. Consumer price index number is also called ---- index number:

(A) Value   (B) Volume   (C) Cost of living index   (D) Wholesale price

Correct Answer: (C) Cost of living index — The Consumer Price Index measures changes in the cost of a typical basket of goods and services, so it is also called the cost of living index.

9. Probability of getting red card when a card is drawn from 52:

(A) 1/26   (B) 1/52   (C) 26/2   (D) 1/2

Correct Answer: (D) 1/2 — 26 of the 52 cards are red (hearts and diamonds), so the probability is 26/52 = 1/2.

10. If P (A ∩ B) = P (A) . P (B) then A and B are:

(A) Independent   (B) Dependent   (C) Mutually exclusive   (D) Exhaustive

Correct Answer: (A) Independent — The multiplication rule P(A ∩ B) = P(A) × P(B) holds precisely when A and B are independent events.

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