Business Statistics and Research Methods MCQs

Question 1

Match the following. List-I (In Case of Correlation) List-II (Value of 'r') a. Perfect positive 1. 0 b. Perfect negative 2. +1 c. No correlation 3. -1

Accepted Answer

a-2, b-3, c-1

Answer

a-1, b-2, c-3

Answer

a-2, b-1, c-3

Answer

a-3, b-1, c-2

Question 2

5 C 2 is equal to-

Accepted Answer

10

Answer

20

Answer

30

Answer

100

Question 3

Statistical interference was the following forms. 1. Point estimation 2. Interval estimation

Accepted Answer

Both 1 and 2

Answer

Only 1

Answer

Only 2

Answer

None of these

Question 4

Statistical average has significance due to following sequence.
1. To present huge mass of data ina summarised form.
2. To facilitate comparison of different sets of data.
3. To help decision-making.
Select the correct answer using the options given below

Accepted Answer

1, 2, 3

Answer

2, 3, 1

Answer

2, 1, 3

Answer

3, 2, 1

Question 5

Time reversal test is satisfied when

Accepted Answer

P 01 × P 10 = 1

Answer

P 01 × P 10 = 0

Answer

P 02 × P 10 > 1

Answer

P 01 × P 10 < 1

Question 6

Match the following. List-I List-II a. Diagrammatic representation 1. Geographical, chronological, qualitative, quantitative b. Graphic representation 2. Ungrouped, grouped c. Frequency distribution 3. Bar diagram, pie chart, pictogram d. Classification of data 4. Histogram, frequency polygon, ogive

Accepted Answer

a-3, b-4, c-2, d-1

Answer

a-1, b-2, c-3, d-4

Answer

a-2, b-3, c-1, d-4

Answer

a-4, b-3, c-2, d-1

Question 7

Match the items of List-I with the items of List-Il and denote the option of correct matching. List-I List-II a. Hypothesis of Sales Revenue Maximization 1. W. J. Baumol b. Hypothesis of Maximization of Firm's Growth Rate 2. Robin Marris c. Hypothesis of Maximization of Managerial Utility Function 3. O. E. Williamson d. Hypothesis of Satisfying Behaviour 4. Cyert and March

Accepted Answer

a-1, b-2, c-3, d-4

Answer

a-2, b-1, c-3, d-4

Answer

a-2, b-3, c-1, d-4

Answer

a-1, b-4, c-2, d-3

Question 8

Statement I When a null hypothesis gets rejected in statistical hypothesis testing, it is known as II type error in hypothesis testing. Statement II When a sample is small sized and parametric value of the standard deviation is not known, Z-test is the most appropriate test for hypothesis testing.

Accepted Answer

Both statements are false

Answer

Both statements are true

Answer

Statement I is true, while Statement II is false

Answer

Statement I is false, while Statement II is true

Question 9

Match the following. List-I List-II a. Histogram 1. Line chart of frequency distribution b. Bar diagram 2. Data is represented in form of series of rectangle and is two dimensional c. Frequency polygon 3. Lengths of bars are proportional to their corresponding values d. Cumulative frequency curve 4. Graphic representation of a cumulative frequency distribution

Accepted Answer

a-2, b-3, c-1, d-4

Answer

a-1, b-2, c-3, d-4

Answer

a-4, b-2, c-3, d-1

Answer

a-3, b-1, c-2, d-4

List-I (In Case of Correlation)	List-II (Value of 'r')
a. Perfect positive	1. 0
b. Perfect negative	2. +1
c. No correlation	3. -1

List-I	List-II
a. Diagrammatic representation	1. Geographical, chronological, qualitative, quantitative
b. Graphic representation	2. Ungrouped, grouped
c. Frequency distribution	3. Bar diagram, pie chart, pictogram
d. Classification of data	4. Histogram, frequency polygon, ogive

List-I	List-II
a. Hypothesis of Sales Revenue Maximization	1. W. J. Baumol
b. Hypothesis of Maximization of Firm's Growth Rate	2. Robin Marris
c. Hypothesis of Maximization of Managerial Utility Function	3. O. E. Williamson
d. Hypothesis of Satisfying Behaviour	4. Cyert and March

List-I	List-II
a. Histogram	1. Line chart of frequency distribution
b. Bar diagram	2. Data is represented in form of series of rectangle and is two dimensional
c. Frequency polygon	3. Lengths of bars are proportional to their corresponding values
d. Cumulative frequency curve	4. Graphic representation of a cumulative frequency distribution