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**

**Supplementary Papers**

- 2016
- 2017
- 2018

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

**Annual Papers**

**Supplementary Papers**

## Guess Paper of Business Statistics for Annual and Supplementary Exams

**Federal Board of Intermediate of Secondary Education (FBISE)**

- Guess paper Business Statistics 2020
- Guess Paper of Business Statistics 2021 (According to Reduce Syllabus)
- Guess paper of Business Statistics 2022 annual exam for Federal Board
- Guess paper of Business Statistics 2023 annual exam for Federal Board

**Intermediate Boards like Punjab, Sind, KPK, Balochistan**

- Guess Paper of Business Statistics for I.Com Annual Exam 2022
- Guess Paper of Business Statistics for I.Com Annual Exam 2023

**Chapter Wise Text Book Solved Short Questions**

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

**Chapter Wise Text Book Solved Multiple Choice Questions (MCQs)**

- Chapter # 01 – Introduction of Statistics
- Chapter # 02 – Presentation of Data
- Chapter # 03 – Measures of Location or Central Tendency
- Chapter # 04 – Index Number
- Chapter # 05 – Basic Set Theory and Counting Techniques
- 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**

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

**Chapter # 02 – Presentation of Data**

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

**Chapter # 03 – Average of the First Order**

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

**Chapter # 04 – Index Number **

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

**Chapter # 05 – Basic Set Theory and Counting Techniques **

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

**Chapter # 06 – Probability Theory**

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

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

**Chapter # 03 – Average of the First Order**

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

**Chapter # 04 – Index Number **

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

**Chapter # 05 – Basic Set Theory and Counting Techniques **

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

**Chapter # 06 – Probability Theory**

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

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

**Chapter / Topic Wise Notes**

**Measures of Central Tendency**

- Definition of average with example
- Objectives or Functions of average
- Characteristics / Features / Qualities / Essentials of good average
- Definition of Sample with Example
- Arithmetic Mean Definition, types and method of Computing Simple Mean
- Properties of Arithmetic Mean
- Arithmetic Mean of “Individual Series or Ungroup Data” by Direct or Long Method
- Arithmetic Mean of “Individual Series or Ungroup Data” Indirect or Short-cut Method
- Arithmetic Mean of “Individual Series or Ungroup Data” by Step Deviation or Coding Method
- Arithmetic Mean of “Discrete Frequency Distribution” Group Data by Direct or long Method
- Arithmetic Mean of “Discrete Frequency Distribution” Group Data by Indirect or Short Cut Method
- Arithmetic Mean of “Discrete Frequency Distribution” Group Data by Step Deviation or Coding Method
- Arithmetic Mean of “Continuous Frequency Distribution” Group Data by Direct or Long Method
- Arithmetic Mean of “Continuous Frequency Distribution” Group Data by Short cut or Indirect Method
- Arithmetic Mean of “Continuous Frequency Distribution” Group Data by Step Deviation or Coding Method
- Calculation of One Frequency Missing in Arithmetic Mean “ Group Data”
- Calculation of Two Frequency Missing in Arithmetic Mean “ Group Data”
- Switch Step Deviation method to Direct Method in Arithmetic Mean for Group Data
- Switch Indirect Method to Direct Method in Arithmetic Mean for “Group Data”
- Switch Indirect Method to Direct Method in Arithmetic Mean for “Ungroup Data”
- Switch Step Deviation Method to Direct Method in Arithmetic Mean for “Ungroup Data”
- Advantages and Disadvantages of Arithmetic Mean
- Weighted Mean Definition, Explanation and Formula
- Direct Method of Weighted Mean with Formula and Example
- Indirect Method of Weighted Mean with Formula and Example
- Relationship between Simple Arithmetic Mean and Weighted Arithmetic Mean

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