Business Statistics and Research Methods MCQs

Statistical forecasting is done:

. . . . . . . . technique is employed when the complete and up to date list of the sampling units is available in some systematic order.

Median - Mode = 2 (Mean - . . . . . . . . )

Consider the following statements. Assertion (A): If regression coefficient of X on Y is greater than one, regression coefficient of Y on X must be less than one. Reason (R): The geometric mean between two regression coefficientsis the co-efficient of correlation. On the basis of the above, choose the appropriate answer:

The conclusion of the law of inertia of large numbers

Which of the following are the graphical representation of data?

Any measure indicating the centre of a set of data, arranged in an increasing or decreasing order of magnitude, is called a measure of

A coin is biased so that its chances of landing Head is 21.3. If the coin is flipped 3 times, the probability that the first 2 flips are heads and the 3rd flip is a tail is:

When large weights have to be given to small items and small weights to large items the most appropriate mean for its measurement is?