Statistics

Business Statistics Solved Paper FBISE 2018 ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2018 ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2018 ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability. Solved paper of Business Statistics Paper 2012 & solved paper of Business Statistics 2013, Business Statistics 2015, Business Statistics 2016, Business Statistics 2016 Supplementary, Business Statistics 2017, Business Statistics 2017 2nd Annual are already published on the website. Stay Connected for other boards solutions such as BISELHR, BISERWP etc.

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Business Statistics Solved Paper FBISE 2017 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2017 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2017 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability. Solved paper of Business Statistics Paper 2012 & solved paper of Business Statistics 2013, Business Statistics 2015, Business Statistics 2016, Business Statistics 2016 Supplementary, Business Statistics 2017 are already published on the website. Stay Connected for other boards solutions such as BISELHR, BISERWP etc.

Business Statistics Solved Paper FBISE 2017 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions Read More »

Business Statistics Solved Paper FBISE 2017 ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2017 ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2017 ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability. Solved paper of Business Statistics Paper 2012 & solved paper of Business Statistics 2013, Business Statistics 2015, Business Statistics 2016, Business Statistics 2016 Supplementary are already published on the website. Stay Connected for other boards solutions such as BISELHR, BISERWP etc.

Business Statistics Solved Paper FBISE 2017 ICOM II, MCQS, Short Questions, Extensive Questions Read More »

Business Statistics Solved Paper FBISE 2016 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2016 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2016 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability. Solved paper of Business Statistics Paper 2012 & solved paper of Business Statistics 2013, Business Statistics 2015, Business Statistics 2016 are already published on the website.

Business Statistics Solved Paper FBISE 2016 2nd Annual ICOM II, MCQS, Short Questions, Extensive Questions Read More »

Business Statistics Solved Paper FBISE 2016 ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2016 ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2016 ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability. Solved paper of Business Statistics Paper 2012 & solved paper of Business Statistics 2013  & Business Statistics 2015 are already published on the website.

Business Statistics Solved Paper FBISE 2016 ICOM II, MCQS, Short Questions, Extensive Questions Read More »

Business Statistics Solved Paper FBISE 2015 ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2015 ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2015 ICOM II, MCQS, Short Questions, Extensive Questions . Topics included are Introduction to Statistics, Averages, Index Numbers, Probability.

Business Statistics Solved Paper FBISE 2015 ICOM II, MCQS, Short Questions, Extensive Questions Read More »

1.3 Mastering Measures of Dispersion, Absolute Measures of Dispersion, Relative Measures of Dispersion

Mastering Measures of Dispersion, Absolute Measures of Dispersion, Relative Measures of Dispersion

Measures of dispersion is second important topic after Measures of Central Tendency in Statistics. In this article, we are going to discuss Measures of Dispersion, Absolute Measures of Dispersion, Relative Measures of Dispersion, theoretically and numerically with the help of formulas and solved example questions for better understanding for both ungrouped and grouped data.

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Business Statistics Solved Paper FBISE 2013 ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2013 ICOM II, MCQS, Short Questions, Extensive Questions

In this blog post, I am going to discuss the paper of Business Statistics Solved Paper FBISE 2013 ICOM II, MCQS, Short Questions, Extensive Questions topics included are Introduction to Statistics, Averages, Index Numbers, Probability.

Business Statistics Solved Paper FBISE 2013 ICOM II, MCQS, Short Questions, Extensive Questions Read More »

Business Statistics Solved Paper FBISE 2012 ICOM II, MCQS, Short Questions, Extensive Questions

Business Statistics Solved Paper FBISE 2012 ICOM II, MCQS, Short Questions, Extensive Questions

In this post, I am going to solve paper of Business Statistics 2012 for ICOM II FBISE in which MCQS, short questions and extensive questions of the topics of Introduction to Statistics, Averages, Index Numbers and Probability is discussed and solved

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1. Measures of Central Tendency, Arithmetic Mean, Median, Mode, Harmonic, Geometric Mean

Measures of Central Tendency, Arithmetic Mean, Median, Mode, Harmonic, Geometric Mean

Measures of Central Tendency or averages of first order such as Arithmetic Mean, Median, Mode, Harmonic Mean & Geometric Mean. Measures of central tendency calculate the most central value of the data. To know the central value within the distribution of data, there are three methods to calculate it arithmetic mean, median and mode. Besides this, there are two other average Geometric mean which is used for geometric calculations such as index numbers, and Harmonic Mean which is used for rates and ratio purposes used by financial institutions.

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1. Introduction to Statistics Basic Important Concepts

Introduction to Statistics Basic Important Concepts

Statistics is a branch of applied mathematics.

It deals with data e.g. collection of data, organization of the data, interpretation or analysis of the data and presentation of the data.

Mainly it deals with quantitative analysis of the data and rarely touches qualitative aspect of the data.

It is the science of getting average and probability but overall field of statistical analysis is so vast.

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