Business Statistics Notes for I.Com-Part-II / 2nd Year

Business Statistics / Statistics Notes for I.Com (Part-II) / I.Com Part 2 / 2nd Year / 12th Class / XII / HSSC-II. Intermediate Level (HSSC-II) students of Federal Board of Intermediate & Secondary Education (FBISE) or any Board of Intermediate & Secondary Education of Punjab, Sindh, KPK, Balochistan and Azad Kashmir and can get benefit from these notes. By studying our notes, we can guarantee you for getting maximum marks in your exams.

Table of Contents

Business Statistics Notes 2nd Year / 12th Class / XII / HSSC-II for Federal, Any Intermediate Board

Please select a topic from below:

Solved Past / Old Papers of  Business Statistics for Federal Board (FBISE) for I.Com Part – II

Annual Papers

  1. 2016
  2. 2017
  3. 2018
  4. 2019
  5. 2020 ( due to Corona paper is not Conducted)
  6. 2021
  7. 2022

Supplementary Papers

  1. 2016
  2. 2017
  3. 2018

Past / Old Papers of  Business Statistics for I.Com Part II (FBISE)

Annual Papers

  1. 2010
  2. 2011
  3. 2012
  4. 2013
  5. 2014
  6. 2015
  7. 2016
  8. 2017
  9. 2018
  10. 2019
  11. 2020 ( due to Corona paper is not Conducted)
  12. 2021
  13. 2022
  14. 2023

Supplementary Papers

  1. 2016
  2. 2017
  3. 2018
  4. 2022

Guess Paper of Business Statistics for Annual and Supplementary Exams

Federal Board of Intermediate of Secondary Education (FBISE)

Intermediate Boards like Punjab, Sind, KPK, Balochistan

Chapter Wise Text Book Solved Short Questions

  1. Chapter # 01 -Introduction of Statistics
  2. Chapter # 02 – Diagrammatic and Graphic Presentation of Data
  3. Chapter # 03 – Measures of Location or Central Tendency

Chapter Wise Text Book Solved Multiple Choice Questions (MCQs)

  1. Chapter # 01 – Introduction of Statistics
  2. Chapter # 02 – Presentation of Data
  3. Chapter # 03 – Measures of Location or Central Tendency
  4. Chapter # 04 – Index Number 
  5. Chapter # 05 – Basic Set Theory and Counting Techniques
  6. Chapter # 06 – Probability Theory

Solution / Key Business Statistics by Muhammad Abdullah For I.com-II

Chapter # 01 – Introduction

 Chapter # 02 – Diagrammatic & Graphic Representation of Data

Chapter # 03 – Measures of Location or Central Tendency

Chapter # 04 – Index Numbers

Chapter # 05 – Probability

Solution / Key  Book Business Statistics by Nadeem Akhtar Siddiqui I.com-II

Chapter # 01 – What is Statistics

  1. Question # 1 – Four possible Answers to each question are given below. Tick the correct answer
  2. Question # 2 – (Section-I) – Write short answers of the following questions
  3. Self Test Exercise # 01 – (Question # 01 and 2)

Chapter # 02 – Presentation of Data

  1. Question # 1 – Four possible Answers to each question are given below. Tick the correct answer
  2. Question # 2 – (Section-I) – Write short answers of the following questions
  3. Question # 3 – (Section-II) – Attempt the following questions
  4. Self-Test Exercise # 02

Chapter # 03 – Average of the First Order

  1. Question # 1 – Four possible Answers to each question are given below. Tick the Correct Answer
  2. Question # 2 – (Section-I) – Write short answers of the following questions
  3. Question # 3 – (Section-II) – Attempt the following questions
  4. Self-Test Exercise # 03

Chapter # 04 – Index Number 

  1. Question # 1 – Four possible Answers to each question are given below. Tick the Correct Answer
  2. Question # 2 – (Section-I) – Write short answers of the following questions
  3. Question # 3 – (Section-II) – Attempt the following questions
  4. Self-Test Exercise # 04

Chapter # 05 – Basic Set Theory and Counting Techniques

  1. Question # 1 – Four possible Answers to each question are given below. Tick the Correct Answer
  2. Question # 2 – (Section-I) – Write short answers of the following questions
  3. Question # 3 – (Section-II) – Attempt the following questions

Chapter # 06 – Probability Theory

  1. Question # 1 – Four possible Answers to each question are given below. Tick the Correct Answer
  2. Question # 2 – (Section-I) – Write short answers of the following questions
  3. Question # 3 – (Section-II) – Attempt the following questions
  4. Self-Test Exercise # 06

Key Book Business Statistics Nadeem Akhtar Siddiqui I.Com-II Latest / New Edition

Chapter # 01 – What is Statistics

Chapter # 02 – Presentation of Data

  1. Question # 2 – (Section-I) – Write short answers of the following questions
  2. Question # 3 – (Section-II) – Attempt the following questions

Chapter # 03 – Average of the First Order

  1. Question # 2 – (Section-I) – Write short answers of the following questions
  2. Question # 3 – (Section-II) – Attempt the following questions

Chapter # 04 – Index Number 

  1. Question # 2 – (Section-I) – Write short answers of the following questions
  2. Question # 3 – (Section-II) – Attempt the following questions

Chapter # 05 – Basic Set Theory and Counting Techniques

  1. Question # 2 – (Section-I) – Write short answers of the following questions
  2. Question # 3 – (Section-II) – Attempt the following questions

Chapter # 06 – Probability Theory

  1. Question # 2 – (Section-I) – Write short answers of the following questions
  2. Question # 3 – (Section-II) – Attempt the following questions

Solution / Key  Book Business Statistics by Nazir Hussain I.com-II

Chapter # 01 – Introduction To Statistics

Chapter # 03 – Presentation of Data

Chapter # 04 – Measures of Central Tendency

Chapter # 05 – Index Numbers

Chapter # 06 – Probability

Chapter Wise Most Important Questions for Annual and Supplementary Exam 

Chapter Wise Most Important Questions for Annual and Supplementary Exam for Federal Board of Intermediate and Secondary Education (FBISE) and Any Intermediate Board like KPK, Punjab, Sindh, Balochistan and Azad Kashmir

  1. Chapter # 01 – Introduction of Statistics or What is Statistics
  2. Chapter # 02 – Diagrammatic and Graphic Representation of Data
  3. Chapter # 03 – Measures of Central Tendency or Average of First Order / Measures of Location
  4. Chapter # 04 – Index Numbers
  5. Chapter # 05 – Basic Set Theory and Counting Techniques
  6. Chapter # 06 – Probability Theory

Chapter / Topic Wise Notes

Measures of Central Tendency

  1. Definition of average with example
  2. Objectives or Functions  of  average
  3. Characteristics / Features / Qualities / Essentials of good average
  4. Definition of Sample with Example
  5. Arithmetic Mean Definition, types and method of Computing Simple Mean
  6. Properties of Arithmetic Mean
  7. Arithmetic Mean of “Individual Series or Ungroup Data” by Direct or Long Method
  8. Arithmetic Mean of “Individual Series or Ungroup Data” Indirect or Short-cut Method
  9. Arithmetic Mean of “Individual Series or Ungroup Data” by Step Deviation or Coding Method
  10.  Arithmetic Mean  of “Discrete Frequency Distribution” Group Data by Direct or long Method
  11. Arithmetic Mean  of “Discrete Frequency Distribution” Group Data by Indirect or  Short Cut Method
  12. Arithmetic Mean  of “Discrete Frequency Distribution” Group Data by Step Deviation or Coding Method
  13. Arithmetic Mean  of “Continuous Frequency Distribution” Group Data by Direct or Long Method
  14. Arithmetic Mean  of “Continuous Frequency Distribution” Group Data by Short cut or Indirect Method
  15. Arithmetic Mean  of “Continuous Frequency Distribution” Group Data by Step Deviation or Coding Method
  16. Calculation of One Frequency Missing in Arithmetic Mean “ Group Data”
  17. Calculation of Two Frequency Missing in Arithmetic Mean “ Group Data”
  18. Switch Step Deviation method to Direct Method in Arithmetic Mean for Group Data
  19. Switch Indirect Method to Direct Method in Arithmetic Mean for “Group Data”
  20. Switch Indirect Method to Direct Method in Arithmetic Mean for “Ungroup Data”
  21. Switch Step Deviation Method to Direct Method in Arithmetic Mean for “Ungroup Data”
  22. Advantages and Disadvantages of Arithmetic Mean
  23. Weighted Mean Definition, Explanation and Formula
  24. Direct Method of Weighted Mean with Formula and Example
  25. Indirect Method of Weighted Mean with Formula and Example
  26. Relationship between Simple Arithmetic Mean and Weighted Arithmetic Mean

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